HR 6896 · 110th Congress · Taxation

Timber Revitalization and Economic Enhancement Act II of 2008

Introduced 2008-09-15· Sponsored by Rep. Davis, Artur [D-AL-7]· 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.(2008-09-15)

Plain Language Summary

[AI summary unavailable — showing source text] Timber Revitalization and Economic Enhancement Act II of 2008 - Amends the Internal Revenue Code to make permanent: (1) the reduction in the rate of tax on the net timber gain of corporations; and (2) rules for the treatment of timber real estate investment trust (REIT) gains, mineral royalty income, and prohibited transactions.…

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

Cosponsors (20)

8 Democrats12 Republicans
Rep. Brady, Kevin [R-TX-8]TX
Rep. McDermott, Jim [D-WA-7]WA
Rep. Gohmert, Louie [R-TX-1]TX
Rep. Lewis, Ron [R-KY-2]KY
Rep. Bonner, Jo [R-AL-1]AL
Rep. Smith, Adam [D-WA-9]WA
Rep. Reichert, David G. [R-WA-8]WA
Rep. Boren, Dan [D-OK-2]OK
Rep. Alexander, Rodney [R-LA-5]LA
Rep. Marchant, Kenny [R-TX-24]TX
Rep. Blackburn, Marsha [R-TN-7]TN
Rep. Dicks, Norman D. [D-WA-6]WA
Rep. Baird, Brian [D-WA-3]WA
Rep. Berkley, Shelley [D-NV-1]NV
Rep. Jones, Walter B., Jr. [R-NC-3]NC
Rep. DeFazio, Peter A. [D-OR-4]OR
Rep. Davis, Geoff [R-KY-4]KY
Rep. Wu, David [D-OR-1]OR
Rep. Young, Don [R-AK-At Large]AK
Rep. McMorris Rodgers, Cathy [R-WA-5]WA