Reforestation Tax Act of 1991

Summary

Reforestation Tax Act of 1991 - Amends the Internal Revenue Code to provide corporations a partial inflation adjustment for the deduction from gross income for qualified timber gain. Allows such deduction in computing adjusted gross income. Provides for applying passive loss limitations to timber activities. Increases the amount allowable as a deduction for amortization of reforestation expenditures and provides an inflation adjustment after calendar year 1992. Applies such inflation adjustment to the reforestation credit.

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

Timeline

1. 21 November 1991

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 21 November 1991

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · — · Download file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 21 November 1991

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Packwood, Bob [R-OR] · R · Sponsor
• Sen. Fowler, Wyche, Jr. [D-GA] · D · Sponsor
• Sen. Hatfield, Mark O. [R-OR] · R · Sponsor
• Sen. Nunn, Sam [D-GA] · D · Sponsor
• Sen. Gorton, Slade [R-WA] · R · Sponsor
• Sen. Burns, Conrad R. [R-MT] · R · Sponsor
• Sen. Shelby, Richard C. [R-AL] · D · Sponsor
• Sen. Craig, Larry E. [R-ID] · R · Sponsor
• Sen. Heflin, Howell [D-AL] · D · Sponsor
• Sen. Symms, Steven D. [R-ID] · R · Sponsor
• Sen. Breaux, John B. [D-LA] · D · Sponsor
• Sen. Thurmond, Strom [R-SC] · R · Cosponsor
• Sen. Cochran, Thad [R-MS] · R · Cosponsor
• Sen. Johnston, J. Bennett [D-LA] · D · Cosponsor
• Sen. Smith, Bob [R-NH] · R · Cosponsor
• Sen. Hollings, Ernest F. [D-SC] · D · Cosponsor
• Sen. Lott, Trent [R-MS] · R · Cosponsor
• Sen. Cohen, William S. [R-ME] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Reforestation Tax Act of 1991