Community Forestry Conservation Act of 2005
Official title: A bill to provide a Federal tax exemption for forest conservation bonds, and for other purposes.
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Read twice and referred to the Committee on Finance.
Community Forestry Conservation Act of 2005 - Provides for the treatment of qualified forest conservation bonds as tax-exempt facility bonds under the Internal Revenue Code. Defines "qualified forest conservation bonds" as bonds issued for certain forestry organizations within 36 months after the enactment of this Act. Requires 95 percent or more of the net proceeds of such bonds to be used for specified forestry project costs, including the acquisition of forest lands subject to a conservation restriction.
Exempts from income tax income, gains, and other tax incidents generated by certain harvesting activity on forest lands purchased with qualified forest conservation bonds.
- Introduced in Senate Formatted Text PDF
Cite this page
U.S. Congress. (2026). S. 1530: Community Forestry Conservation Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-S-1530/
"S. 1530: Community Forestry Conservation Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-S-1530/.
S. 1530, 109th Cong. (2026), https://openamerica.io/bill/109-S-1530/.
[S. 1530: Community Forestry Conservation Act of 2005](https://openamerica.io/bill/109-S-1530/)