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- H.R.1997
H.R.1997: American Timber Supply and Manufacturing Incentives Act
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about foreign trade and international finance
- Introduced May 5, 1993
- Latest Major Action June 17, 1993
Bill Sponsor
Bill Cosponsors
5 (3 Democrats, 2 Republicans)
Bill Summary
American Timber Supply and Manufacturing Incentives Act - Amends the Internal Revenue Code to provide taxpayers a deduction from gross income for qualified timber gain as an investment incentive. Allows such deduction in computing adjusted gross income. Provides for applying passive loss limitations to timber activities. Provides that export property eligible for certain tax incentives does not include any unprocessed softwood timber for...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Referred to the Subcommittee on Select Revenue Measures.
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Subcommittee Hearings Held.
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May 5, 1993 |
Introduced in the House by Peter A. DeFazio (D-Ore.) |