There is one summary for H.R.1581. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/25/2001)

Reforestation Tax Act of 2001 - 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.