S. 2178 · 114th Congress
Timber Revitalization and Economic Enhancement Act of 2015
- Stage
- In committee
- Sponsor
- John Boozman
- Introduced
- 2015-10-08
- Latest action
- 2015-10-08 · Introduced in Senate
Summary
Timber Revitalization and Economic Enhancement Act of 2015
This bill 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.