Summary: S.2178 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for S.2178. Bill summaries are authored by CRS.

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Introduced in Senate (10/08/2015)

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.