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HR 2543 111th Congress House

Timber Revitalization and Economic Enhancement Act of 2009

Official title: To amend the Internal Revenue Code of 1986 to make permanent the reduction in the rate of tax on qualified timber gain of corporations, and for other purposes.

Introduced: May 21, 2009 See on congress.gov
Taxation Capital gains taxEnergy revenues and royaltiesForests, forestry, treesIncome tax rates
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MiningReal estate business
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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 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
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 Latest action May 21, 2009

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 1
  • S 316 Related bill Timber Revitalization and Economic Enhancement Act II of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Smith, Adam
Washington · May 21, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2543: Timber Revitalization and Economic Enhancement Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-HR-2543/
MLA
"H.R. 2543: Timber Revitalization and Economic Enhancement Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-2543/.
Bluebook (legal)
H.R. 2543, 111th Cong. (2026), https://openamerica.io/bill/111-HR-2543/.
Markdown link
[H.R. 2543: Timber Revitalization and Economic Enhancement Act of 2009](https://openamerica.io/bill/111-HR-2543/)
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