Keep the Forest in the Family Estate Tax Act of 2012
Official title: To amend the Internal Revenue Code of 1986 to provide an exception to the imposition of the additional estate tax for severance of standing timber harvested consistent with a forest management plan.
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Referred to the House Committee on Ways and Means.
Keep the Forest in the Family Estate Tax Act of 2012 - Amends the Internal Revenue Code to: (1) provide an exemption from the additional estate tax for the disposition or severance of standing timber on a qualified woodland for timber that is harvested consistent with a written forest management plan or under professional guidance, and (2) increase from $750,000 to $5 million the limitation on the reduction in the fair market value of real property used for farming or in another trade or business for estate tax purposes.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 6439: Keep the Forest in the Family Estate Tax Act of 2012. 112th Congress. Open America. https://openamerica.io/bill/112-HR-6439/
"H.R. 6439: Keep the Forest in the Family Estate Tax Act of 2012." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-6439/.
H.R. 6439, 112th Cong. (2026), https://openamerica.io/bill/112-HR-6439/.
[H.R. 6439: Keep the Forest in the Family Estate Tax Act of 2012](https://openamerica.io/bill/112-HR-6439/)