House
Jan 30, 2007Timber Tax Act of 2007
Summary
Official
Timber Tax Act of 2007 - 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(1/30/07)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
AD
Mr. Davis
(D) AL – 7
Cosponsors (20)
Topics
Latest Action
Referred to the House Committee on Ways and Means.
Jan 30, 2007
View Bill on Congress.gov