HR 6389 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to provide that certain evergreen trees more than three years old will be treated as timber.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1980-01-31)
Plain Language Summary
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Amends the Internal Revenue Code to provide that evergreen trees more than three years old (currently six years) will be treated as timber for purposes of tax rules relating to capital gains treatment of cut timber.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
2 Democrats2 Republicans