HR 1341 · 107th Congress · Taxation

Timber Tax Simplification Act of 2001

Introduced 2001-04-03· Sponsored by Rep. Collins, Mac [R-GA-3]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-04-03)

Plain Language Summary

[AI summary unavailable — showing source text] Timber Tax Simplification Act of 2001 - Amends the Internal Revenue Code to provide for the application of capital gain treatment to outright sales of timber whether or not the owner retains economic interest.…

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

Cosponsors (20)

6 Democrats14 Republicans
Rep. Hutchinson, Asa [R-AR-3]AR
Rep. Sessions, Pete [R-TX-5]TX
Rep. Shows, Ronnie [D-MS-4]MS
Rep. Callahan, Sonny [R-AL-1]AL
Rep. Turner, Jim [D-TX-2]TX
Rep. Norwood, Charles W. [R-GA-10]GA
Rep. Thurman, Karen L. [D-FL-5]FL
Rep. Sandlin, Max [D-TX-1]TX
Rep. English, Phil [R-PA-21]PA
Rep. Bachus, Spencer [R-AL-6]AL
Rep. Pickering, Charles W. "Chip" [R-MS-3]MS
Rep. Chambliss, Saxby [R-GA-8]GA
Rep. Duncan, John J., Jr. [R-TN-2]TN
Rep. Otter, C. L. (Butch) [R-ID-1]ID
Rep. McCrery, Jim [R-LA-4]LA
Rep. Sununu, John E. [R-NH-1]NH
Rep. Allen, Thomas H. [D-ME-1]ME
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Lampson, Nick [D-TX-9]TX
Rep. Graham, Lindsey [R-SC-3]SC