United States · Bill · S
S. 1240 (106th)
A bill to amend the Internal Revenue Code of 1986 to provide a partial inflation adjustment for capital gains from the sale or exchange of timber.
Introduced
17 June 1999
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
Amends the Internal Revenue Code to allow a deduction to a taxpayer who has a qualified timber gain in an amount equal to the qualified percentage of such gain.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 17 June 1999
Introduced in Senate (PDF)
Introduced in Senate · EN · 17 June 1999
Introduced in Senate
summary · EN · 17 June 1999
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/106th-congress/senate-bill/1240
- Open data entity: https://api.congress.gov/v3/bill/106/s/1240