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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
 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
 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.

 Committees of jurisdiction 1