HR 4126 · 105th Congress · Taxation

Reforestation Tax Act of 1998

Introduced 1998-06-24· Sponsored by Rep. Dunn, Jennifer [R-WA-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR E1222-1223)(1998-06-25)

Plain Language Summary

[AI summary unavailable — showing source text] Reforestation Tax Act of 1998 - Amends the Internal Revenue Code to allow a deduction to a taxpayer who has a qualified timber gain in an amount equal to the qualified percentage of such gain. Decreases the amortization period for reforestation expenditures.…

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

Cosponsors (20)

4 Democrats16 Republicans