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- H.R.4962
H.R.4962: Forest Recovery Act
About This Bill
- Introduced Feb. 7, 2018
- Latest Major Action Feb. 7, 2018
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
18 (4 Democrats, 14 Republicans)
Bill Version
- Introduced in House - Feb. 7, 2018
Bill Summary
Forest Recovery Act This bill amends the Internal Revenue Code, with respect to the deduction for casualty losses, to establish special rules for losses of uncut timber. In the case of the loss of uncut timber from fire, storm, other casualty, or theft, the basis used for determining the amount of the deduction may not be less than the excess of: (1) the fair market value of the uncut timber determined immediately before the loss was...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 7, 2018 |
Referred to the House Committee on Ways and Means.
|
| Feb. 7, 2018 |
Introduced in the House by Buddy Carter (R-Ga.) |