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S 1501 111th Congress Senate Taxation Forests, forestry, trees Income tax exclusion Land transfers Land use and conservation Securities

Community Forestry Conservation Act of 2009

Introduced: July 22, 2009 Introduced by: Murray, Patty Democratic · Washington See on congress.gov
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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
Jul 22, 2009
Read twice and referred to the Committee on Finance.
Jul 22, 2009
Introduced in Senate
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 Plain-English summary Congressional Research Service

Community Forestry Conservation Act of 2009 - 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 48 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.

What's happening now July 22, 2009

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 3302 Identical bill Community Forestry Conservation Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 4 Republican 1
D
Shaheen, Jeanne
New Hampshire · Sep 13, 2010
 D
Merkley, Jeff
Oregon · Aug 5, 2009
 D
Wyden, Ron
Oregon · Jul 27, 2009
 D
Cantwell, Maria
Washington · Jul 22, 2009
 R
Crapo, Mike
Idaho · Jul 22, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1501: Community Forestry Conservation Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-S-1501/
MLA
"S. 1501: Community Forestry Conservation Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-1501/.
Bluebook (legal)
S. 1501, 111th Cong. (2026), https://openamerica.io/bill/111-S-1501/.
Markdown link
[S. 1501: Community Forestry Conservation Act of 2009](https://openamerica.io/bill/111-S-1501/)
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