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- H.R.6439
H.R.6439: Keep the Forest in the Family Estate Tax Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Sept. 19, 2012
- Latest Major Action Sept. 19, 2012
Bill Sponsor
Bill Cosponsors
23 (8 Democrats, 15 Republicans)
Bill Summary
Keep the Forest in the Family Estate Tax Act of 2012 - Amends the Internal Revenue Code to: (1) provide an exemption from the additional estate tax for the disposition or severance of standing timber on a qualified woodland for timber that is harvested consistent with a written forest management plan or under professional guidance, and (2) increase from $750,000 to $5 million the limitation on the reduction in the fair market value of real...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Sept. 19, 2012 |
Introduced in the House by Diane Black (R-Tenn.) |