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- S.1002
S.1002: Reforestation Tax Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced June 7, 2001
- Latest Major Action June 7, 2001
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
14 (6 Democrats, 9 Republicans)
Bill Summary
Reforestation Tax Act of 2001 - Amends the Internal Revenue Code to allow a deduction to a taxpayer who has a qualified timber gain in an amount equal to the qualified percentage of such gain. Decreases the amortization period for reforestation expenditures.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| June 7, 2001 |
Introduced in the Senate by Olympia J. Snowe (R-Maine) |