Reforestation Tax Act of 1999 - Amends the Internal Revenue Code to allow a deduction to a taxpayer who has a qualified timber gain in an amount equal to the qualified percentage of such gain. Decreases the amortization period for reforestation expenditures.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E417-418)
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR E567)
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