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United States · Bill · HR

H.R. 4509 (105th)

To amend the Internal Revenue Code of 1986 to reduce to 36 months the amortization period for reforestation expenditures and to increase to $25,000 the maximum annual amount of such expenditures which may be amortized.

referredUnited States· United States Congress· EN

Introduced

6 August 1998

Last action

6 August 1998 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Turner, Jim [D-TX-2], Rep. Frost, Martin [D-TX-24], Rep. Pombo, Richard W. [R-CA-11], Rep. Sessions, Pete [R-TX-17], Rep. Price, David E. [D-NC-4], Rep. Pickering, Charles W. "Chip" [R-MS-3], Rep. Goode, Virgil H., Jr. [R-VA-5]

Subjects

Taxation

Source updated

2 January 2025

Taxation

Summary

Amends the Internal Revenue Code to reduce from 84 to 36 months the amortization period for reforestation expenditures and to increase from $10,000 to $25,000 the maximum amount of such expenditures which may be amortized annually.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 6 August 1998

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 6 August 1998

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 6 August 1998

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 6 August 1998

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 6 August 1998

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 6 August 1998

    Open at official source

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Sponsors

Related records

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Sources

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