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S 968 108th Congress Senate Taxation Capital gains tax Commerce Income tax Public Lands and Natural Resources Timber sales

A bill to amend the Internal Revenue Code of 1986 to provide capital gain treatment under section 631(b) of such Code for outright sales of timber by landowners.

Introduced: May 1, 2003 See on congress.gov
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 1, 2003
Read twice and referred to the Committee on Finance.
May 1, 2003
Sponsor introductory remarks on measure. (CR S5655)
May 1, 2003
Introduced in Senate
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 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code to provide capital gain treatment for outright timber sales by landowners.
What's happening now May 1, 2003

Read twice and referred to the Committee on Finance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Wyden, Ron
Oregon · Feb 9, 2004
Cite this page click to expand
APA
U.S. Congress. (2026). S. 968: A bill to amend the Internal Revenue Code of 1986 to provide capital gain treatment under section 631(b) of such Code for outright sales of timber by landowners.. 108th Congress. Open America. https://openamerica.io/bill/108-S-968/
MLA
"S. 968: A bill to amend the Internal Revenue Code of 1986 to provide capital gain treatment under section 631(b) of such Code for outright sales of timber by landowners.." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-S-968/.
Bluebook (legal)
S. 968, 108th Cong. (2026), https://openamerica.io/bill/108-S-968/.
Markdown link
[S. 968: A bill to amend the Internal Revenue Code of 1986 to provide capital gain treatment under section 631(b) of such Code for outright sales of timber by landowners.](https://openamerica.io/bill/108-S-968/)
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