S 1238 · 101th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to restore the capital gains treatment for timber, and for other purposes.

Introduced 1989-06-22· Sponsored by Sen. Fowler, Wyche, Jr. [D-GA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(1989-06-22)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide taxpayers an alternative tax on capital gains from the sale or exchange of timber.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat