H.R. 974 · 108th Congress
Timber Tax Simplification Act of 2003
- Stage
- In committee
- Sponsor
- Mac Collins
- Introduced
- 2003-02-27
- Latest action
- 2003-02-27 · Introduced in House
Summary
Timber Tax Simplification Act of 2003 - Amends the Internal Revenue Code to provide for the application of capital gain treatment to outright sales of timber whether or not the owner retains economic interest.