HR 721 · 110th Congress · Taxation

Timber Tax Act of 2007

Introduced 2007-01-30· Sponsored by Rep. Davis, Artur [D-AL-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-01-30)

Plain Language Summary

[AI summary unavailable — showing source text] Timber Tax Act of 2007 - Amends the Internal Revenue Code to allow a tax deduction (available to taxpayers whether or not they itemize deductions) for up to 60% of gains from certain sales or exchanges of timber.…

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

Cosponsors (20)

7 Democrats13 Republicans