HR 1581 · 107th Congress · Taxation
Reforestation Tax Act of 2001
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2001-04-25)
Plain Language Summary
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Reforestation Tax Act of 2001 - 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)
7 Democrats13 Republicans