HR 3161 · 114th Congress · Taxation
Timber Revitalization and Economic Enhancement Act of 2015
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2015-07-22)
Plain Language Summary
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Timber Revitalization and Economic Enhancement Act of 2015 Amends the Internal Revenue Code, with respect to the reduced tax rate on the net timber gains of corporations, to: (1) adjust the formula for calculating such rate, and (2) make such reduced rate permanent.…
Summarized by Claude AI · Non-partisan · For informational purposes only