Summary: H.R.4168 — 101st Congress (1989-1990)All Information (Except Text)

There is one summary for H.R.4168. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/01/1990)

Amends the Internal Revenue Code to deny an income tax deduction for expenses in connection with: (1) the cutting of old-growth redwood timber; or (2) the transportation of such timber in its unprocessed state.

Imposes an excise tax on the cutting of any old-growth redwood timber, to be paid by the holder of the economic interest in the timber.