A bill to amend the Internal Revenue Code of 1954 to provide that certain evergreen trees more than three years old will be treated as timber.

Summary

Amends the Internal Revenue Code to provide that evergreen trees more than three years old (currently six years) will be treated as timber for purposes of tax rules relating to capital gains treatment of cut timber.

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

Timeline

1. 31 January 1980

   Introduced

   Introduced in House

   Source: IntroReferral

2. 31 January 1980

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

3. 31 January 1980

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 31 January 1980

  Open at official source

Sponsors

• Rep. Moore, W. Henson [R-LA-6] · R · Sponsor
• Rep. Mathis, Dawson [D-GA-2] · D · Cosponsor
• Rep. Lott, Trent [R-MS-5] · R · Cosponsor
• Rep. Hinson, Jon C. [R-MS-4] · R · Cosponsor
• Rep. Jenkins, Edgar L. [D-GA-9] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1954 to provide that certain evergreen trees more than three years old will be treated as timber.