S.968: A bill to amend the Internal Revenue Code of 1986 to provide capital gain treatment under section 631(b) of such Code for outright sales of timber by landowners.

About This Bill

Bill Cosponsor

Bill Summary

Amends the Internal Revenue Code to provide capital gain treatment for outright timber sales by landowners.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
May 1, 2003

Introduced in the Senate by Jeff Sessions (R-Ala.)

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