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SENATE 524115th CongressRead twice and referred to the Committee on Finance.

Timber Revitalization and Economic Enhancement Act of 2017

Last Action
3/2/2017

Actions

  • 2017-03-02Read twice and referred to the Committee on Finance.
  • 2017-03-02Introduced in Senate

CRS Summary

As of 2017-03-02 (00)

Timber Revitalization and Economic Enhancement Act of 2017

This bill amends the Internal Revenue Code to make permanent the reduced tax rate for corporations that have both net capital gains and timber gains.

Cosponsors (6)

  • Sherrod Brown (D-OH)
  • Thad Cochran (R-MS)
  • Tom Cotton (R-AR)
  • Johnny Isakson (R-GA)
  • Roger Wicker (R-MS)
  • Debbie Stabenow (D-MI)

Subjects

  • Capital gains tax
  • Forests, forestry, trees
  • Income tax rates
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.