HR 2543 · 111th Congress · Taxation

Timber Revitalization and Economic Enhancement Act of 2009

Introduced 2009-05-21· Sponsored by Rep. McDermott, Jim [D-WA-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.(2009-05-21)

Plain Language Summary

[AI summary unavailable — showing source text] Timber Revitalization and Economic Enhancement Act of 2009 - 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 (12)

6 Democrats6 Republicans
Rep. Brady, Kevin [R-TX-8]TX
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. Reichert, David G. [R-WA-8]WA
Rep. Dicks, Norman D. [D-WA-6]WA
Rep. Jones, Walter B., Jr. [R-NC-3]NC
Rep. Wu, David [D-OR-1]OR
Rep. Herger, Wally [R-CA-2]CA
Rep. Smith, Adam [D-WA-9]WA
Rep. Boustany, Charles W., Jr. [R-LA-7]LA
Rep. Baird, Brian [D-WA-3]WA
Rep. Ross, Mike [D-AR-4]AR
Rep. McMorris Rodgers, Cathy [R-WA-5]WA