HR 3161
114th Congress
House
Taxation
Capital gains tax
Forests, forestry, trees
Income tax rates
Timber Revitalization and Economic Enhancement Act of 2015
Introduced: July 22, 2015
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 2015
Referred to the House Committee on Ways and Means.
Jul 22, 2015
Introduced in House
Plain-English summary
Timber Revitalization and Economic Enhancement Act of 2015
Amends the Internal Revenue Code, with respect to the reduced tax rate on the net timber gains of corporations, to: (1) adjust the formula for calculating such rate, and (2) make such reduced rate permanent.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1