United States · Bill · HR
H.R. 1744 (101st)
To amend the Internal Revenue Code of 1986 to restore a preferential capital gains rate for timber.
Introduced
6 April 1989
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to reduce the maximum rate of tax on net capital gains realized from timber from: (1) 34 percent to 28 percent with respect to corporations; and (2) 28 percent to 20 percent for individuals.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
2 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN
Introduced in House
summary · EN · 6 April 1989
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/101st-congress/house-bill/1744
- Open data entity: https://api.congress.gov/v3/bill/101/hr/1744