HR 1916 · 106th Congress · Taxation
To amend the Internal Revenue Code of 1986 to reduce to 36 months the amortization period for reforestation expenditures and to increase to $25,000 the maximum annual amount of such expenditures which may be amortized.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1999-05-25)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to reduce from 84 to 36 months the amortization period for reforestation expenditures and to increase from $10,000 to $25,000 the maximum amount of such expenditures which may be amortized annually.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
15 Democrats5 Republicans