HR 2543
111th Congress
House
Taxation
Capital gains tax
Energy revenues and royalties
Forests, forestry, trees
Income tax rates
Mining
Real estate business
Timber Revitalization and Economic Enhancement Act of 2009
Introduced: May 21, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 21, 2009
Referred to the House Committee on Ways and Means.
May 21, 2009
Introduced in House
Plain-English summary
Timber Revitalization and Economic Enhancement Act of 2009 - Amends the Internal Revenue Code to make permanent: (1) the reduction in the rate of tax on the net timber gain of corporations; and (2) rules for the treatment of timber real estate investment trust (REIT) gains, mineral royalty income, and prohibited transactions.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1