H.R. 6439 · 112th Congress
Keep the Forest in the Family Estate Tax Act of 2012
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BlackSponsor23 cosponsors · 8 D, 15 R
R
Blackburn
JB
R
Bonner
JD
R
Duncan
WH
R
Herger
LK
D
Kissell
MM
D
Michaud
RR
R
Ribble
GT
R
Thompson
DR
R
Reichert
RA
R
Alexander
CB
R
Boustany
SF
R
Fincher
MM
D
McIntyre
CP
D
Peterson
KS
D
Schrader
SB
D
Bishop
WO
D
Owens
GW
R
Walden
WJ
R
Jones
SP
R
Palazzo
PW
D
Welch
SW
R
Womack
TG
R
Griffin8 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Keep the Forest in the Family Estate Tax Act of 2012 - Amends the Internal Revenue Code to: (1) provide an exemption from the additional estate tax for the disposition or severance of standing timber on a qualified woodland for timber that is harvested consistent with a written forest management plan or under professional guidance, and (2) increase from…
What it does: CRS summary · Introduced in House · Sep 19, 2012
Keep the Forest in the Family Estate Tax Act of 2012 - Amends the Internal Revenue Code to: (1) provide an exemption from the additional estate tax for the disposition or severance of standing timber on a qualified woodland for timber that is harvested consistent with a written forest management plan or under professional guidance, and (2) increase from $750,000 to $5 million the limitation on the reduction in the fair market value of real property used for farming or in another trade or business for estate tax purposes.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Keep the Forest in the Family Estate Tax Act of 2012
Latest action (Sep 19, 2012): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Sep 19, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.