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- H.R.960
H.R.960: Reforestation Tax Act of 1993
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about environmental protection
- Introduced Feb. 18, 1993
- Latest Major Action June 24, 1993
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
36 (22 Democrats, 14 Republicans)
Bill Summary
Reforestation Tax Act of 1993 - Amends the Internal Revenue Code to provide taxpayers a partial inflation adjustment for the deduction from gross income for qualified timber gain. Allows such deduction in computing adjusted gross income. Excludes from conditions of the material participation rules, for purposes of the passive loss limitations, closely held timber activity if the aggregate hours devoted to management of the activity for any...
(Source: Library of Congress)
Bill Actions
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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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| Feb. 18, 1993 |
Introduced in the House by Ron Wyden (D-Ore.) |