S. 2163 would amend the Internal Revenue Code of 1986 to allow income averaging for private forest landowners.

== Detailed Summary ==

<summary>
(Log inTax Relief for Private Forest Landowners Act of 2007 - Amends the Internal Revenue Code to editallow income averaging for individuals who sell or exchange timber, on the wiki and be the first to providesame basis as is currently allowed for individuals engaged in a detailed summary of the bill!)farming or fishing business.
</summary>

<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->

== Status of the Legislation ==

<status>
(Log inLatest Major Action: 10/15/2007: Referred to edit the wikiSenate committee. Status: Read twice and be the firstreferred to update the status of the bill!)Committee on Finance.
</status>

<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->

== Points in Favor ==

(Log in to edit the wiki and be the first to show why the bill should pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->

== Points Against ==

(Log in to edit the wiki and be the first to show why the bill should not pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->