S-1544 : Still Just a Bill

Timber Revitalization and Economic Enhancement Act of 2013 - Amends the Internal Revenue Code, with respect to the reduced tax rate on the net timber gains of corporations, to: (1) adjust the formula for calculating such rate, and (2) make such reduced rate permanent.

Action Timeline

Action DateTypeTextSource
2013-09-24IntroReferralRead twice and referred to the Committee on Finance.Senate
2013-09-24IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Taxation
See Subjects
  • Capital gains tax
  • Forests, forestry, trees
  • Income tax rates

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