US SB316 | 2009-2010 | 111th Congress
Status
Spectrum: Slight Partisan Bill (Republican 10-5)
Status: Introduced on January 26 2009 - 25% progression, died in chamber
Action: 2009-01-26 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 26 2009 - 25% progression, died in chamber
Action: 2009-01-26 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Timber Revitalization and Economic Enhancement Act II of 2009 - Amends the Internal Revenue Code to make permanent: (1) the reduction in the rate of tax on the net timber gain of corporations; and (2) rules for the treatment of timber real estate investment trust (REIT) gains, mineral royalty income, and prohibited transactions.
Title
Timber Revitalization and Economic Enhancement Act II of 2009
Sponsors
| Sen. Lamar Alexander [R-TN] | Sen. Maria Cantwell [D-WA] | Sen. Saxby Chambliss [R-GA] | Sen. John Cornyn [R-TX] |
| Sen. Mike Crapo [R-ID] | Sen. John Ensign [R-NV] | Sen. Kay Hutchison [R-TX] | Sen. Johnny Isakson [R-GA] |
| Sen. Mary Landrieu [D-LA] | Sen. Blanche Lincoln [D-AR] | Sen. Patty Murray [D-WA] | Sen. Mark Pryor [D-AR] |
| Sen. Jeff Sessions [R-AL] | Sen. David Vitter [R-LA] | Sen. Roger Wicker [R-MS] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-01-26 | Read twice and referred to the Committee on Finance. | |
| 2009-01-26 | Sponsor introductory remarks on measure. (CR S834) |
Same As/Similar To
HB2543 (Related) 2009-05-21 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/316/all-info |
| Text | https://www.congress.gov/111/bills/s316/BILLS-111s316is.pdf |
