Forest Management and Conservation Incentive Tax Act of 1990

Summary

Forest Management and Conservation Incentive Tax Act of 1990 - Amends the Internal Revenue Code to reduce the capital gains tax on mature timber or timber that is not unprocessed exported timber. Allows a general business credit to qualified small timber holders for ten percent of qualified forest management expenditures. Provides for the treatment of timber property under passive loss rules.

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

Timeline

1. 19 June 1990

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 19 June 1990

   Introduced

   Introduced in House

   Source: IntroReferral

3. 19 June 1990

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 19 June 1990

  Open at official source

Sponsors

• Rep. Unsoeld, Jolene [D-WA-3] · D · Sponsor
• PETER DEFAZIO · D · Sponsor
• Rep. Swift, Al [D-WA-2] · D · Sponsor
• Rep. Morrison, Sid [R-WA-4] · R · Sponsor
• Rep. Miller, John R. [R-WA-1] · R · Sponsor
• Rep. Dicks, Norman D. [D-WA-6] · D · Sponsor
• · hswm00 · Standing

Related records

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