Summary: H.R.3161 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.3161. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (07/22/2015)

Timber Revitalization and Economic Enhancement Act of 2015

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.