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S 316 111th Congress Senate Taxation Capital gains tax Energy revenues and royalties Forests, forestry, trees Income tax rates Mining Real estate business

Timber Revitalization and Economic Enhancement Act II of 2009

Introduced: January 26, 2009 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 26, 2009
Read twice and referred to the Committee on Finance.
Jan 26, 2009
Sponsor introductory remarks on measure. (CR S834)
Jan 26, 2009
Introduced in Senate
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 Plain-English summary Congressional Research Service

Timber Revitalization and Economic Enhancement Act II 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 January 26, 2009

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 2543 Related bill Timber Revitalization and Economic Enhancement Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 2 Republican 3
R
Wicker, Roger F.
Mississippi · Feb 24, 2009
 D
Cantwell, Maria
Washington · Jan 26, 2009
 R
Cornyn, John
Texas · Jan 26, 2009
 R
Crapo, Mike
Idaho · Jan 26, 2009
 D
Murray, Patty
Washington · Jan 26, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). S. 316: Timber Revitalization and Economic Enhancement Act II of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-S-316/
MLA
"S. 316: Timber Revitalization and Economic Enhancement Act II of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-316/.
Bluebook (legal)
S. 316, 111th Cong. (2026), https://openamerica.io/bill/111-S-316/.
Markdown link
[S. 316: Timber Revitalization and Economic Enhancement Act II of 2009](https://openamerica.io/bill/111-S-316/)
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