S. 15 · 111th Congress
Global Forest Restoration Investment Tax Credit Act
- Stage
- In committee
- Sponsor
- Sam Brownback
- Introduced
- 2010-09-29
- Latest action
- 2010-09-29 · Introduced in Senate
Summary
Global Forest Restoration Investment Tax Credit Act - Amends the Internal Revenue Code to: (1) allow a business-related tax credit for investment in a carbon sequestration project approved under the International Carbon Conservation Act; and (2) extend through 2011 the taxpayer election to deduct dividends received from a controlled foreign corporation.