H.R. 1937 · 110th Congress · 2007–2008
Timber Revitalization and Economic Enhancement (TREE) Act of 2007
H.R. 1937 in the 110th Congress (2007–2008) was introduced on Apr 19, 2007, sponsored by Artur Davis with 122 co-sponsors.
During the 110th Congress (2007–2008), George W. Bush was president, and Democrats held the House majority and Republicans the Senate majority.
- Status
- Introduced
- Introduced
- Apr 19, 2007
- Co-sponsors
- 122
- Policy area
- Taxation
What it does
Timber Revitalization and Economic Enhancement (TREE) Act of 2007 - Amends the Internal Revenue Code to: (1) allow a tax deduction for 60% of qualified timber gains; (2) exempt deductible timber gains from the excise tax on the undistributed income of real estate investment trusts (REITs); (3) provide for the treatment of timber gains as qualifying REIT income and for mineral royalty income as qualifying income for timber REIT…
Summary by the nonpartisan Congressional Research Service.
Sponsor
Artur Davis (D-AL). Co-sponsors: 43 Democrats, 79 Republicans.
Where it stands
- IntroducedApr 19, 2007
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Apr 19, 2007)
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- H.R. 3648: Mortgage Forgiveness Debt Relief Act of 2007
- H.R. 3996: Tax Increase Prevention Act of 2007
- H.R. 4839: Tax Technical Corrections Act of 2007
- S. 2436: A bill to amend the Internal Revenue Code of 1986 to clarify the term of the Commissioner of…
- H.R. 6081: Heroes Earnings Assistance and Relief Tax Act of 2008
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- H.R. 7082: Inmate Tax Fraud Prevention Act of 2008
- S. 14: Invest in America Act
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 1937 (110th Congress): Timber Revitalization and Economic…,” https://www.capitolreceipts.com/bill/110-hr-1937/timber-revitalization-and-economic-enhancement-tree-act-of-2007 (accessed 2026-10-17).