legislation: 112-hr-6439
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| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 112-hr-6439 | 112 | hr | 6439 | Keep the Forest in the Family Estate Tax Act of 2012 | Taxation | 2012-09-19 | 2012-09-19 | Referred to the House Committee on Ways and Means. | House | Rep. Black, Diane [R-TN-6] | TN | R | B001273 | 23 | 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. | 2019-11-15T21:47:00Z |