House
Sep 22, 2005Timber Tax Act of 2005
Summary
Official
Timber Tax Act of 2005 - 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.
Bill Progress
Bill has been introduced and assigned a number
Introduced(9/22/05)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
JM
Mr. MCCRERY
(R) LA – 4
Cosponsors (20)
Topics
Latest Action
Referred to the House Committee on Ways and Means.
Sep 22, 2005