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- H.R.2543
H.R.2543: Timber Revitalization and Economic Enhancement Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced May 21, 2009
- Latest Major Action May 21, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
12 (7 Democrats, 6 Republicans)
Bill Summary
Timber Revitalization and Economic Enhancement Act of 2009 - Amends the Internal Revenue Code to make permanent: (1) the reduction in the rate of tax on the net timber gain of corporations; and (2) rules for the treatment of timber real estate investment trust (REIT) gains, mineral royalty income, and prohibited transactions.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Ways and Means.
|
|
May 21, 2009 |
Introduced in the House by Jim McDermott (D-Wash.) |