S 2077 · 109th Congress · Taxation

Tax Relief for Private Forest Landowners Act of 2005

Introduced 2005-11-18· Sponsored by Sen. Sessions, Jeff [R-AL]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2005-11-18)

Plain Language Summary

[AI summary unavailable — showing source text] Tax Relief for Private Forest Landowners Act of 2005 - Amends the Internal Revenue Code to allow income averaging for individuals who sell or exchange timber, on the same basis as is currently allowed for individuals engaged in a farming or fishing business.…

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