US Congress House Bill 6439 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 16-8)
Status: Introduced on September 19 2012 - 25% progression, died in committee
Action: 2012-09-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

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.

Keep the Forest in the Family Estate Tax Act of 2012

Rep. Diane Black [R-TN]	Rep. Rodney Alexander [R-LA]	Rep. Sanford Bishop [D-GA]	Sen. Marsha Blackburn [R-TN]
Rep. Jo Bonner [R-AL]	Rep. Charles Boustany [R-LA]	Rep. John Duncan [R-TN]	Rep. Stephen Fincher [R-TN]
Rep. Tim Griffin [R-AR]	Rep. Wally Herger [R-CA]	Rep. Walter Jones [R-NC]	Rep. Larry Kissell [D-NC]
Rep. Mike McIntyre [D-NC]	Rep. Michael Michaud [D-ME]	Rep. William Owens [D-NY]	Rep. Steven Palazzo [R-MS]
Rep. Collin Peterson [D-MN]	Rep. David Reichert [R-WA]	Rep. Reid Ribble [R-WI]	Rep. Kurt Schrader [D-OR]
Rep. Glenn Thompson [R-PA]	Rep. Greg Walden [R-OR]	Sen. Peter Welch [D-VT]	Rep. Steve Womack [R-AR]

Date	Chamber	Action
2012-09-19	House	Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/6439/all-info
Text	https://www.congress.gov/112/bills/hr6439/BILLS-112hr6439ih.pdf