US HB4459 | 2017-2018 | 115th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 11-6)
Status: Introduced on November 28 2017 - 25% progression, died in committee
Action: 2017-11-28 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Charitable Conservation Easement Program Integrity Act of 2017 This bill amends the Internal Revenue Code to limit the aggregate amount of a partner's annual tax deductions for qualified conservation contributions of a partnership to 2.5 times the partner's adjusted basis in the partnership. (Under current law, a "qualified conservation contribution" is the contribution of a qualified real property interest to a qualified organization exclusively for conservation purposes.) The limitation applies for the first five years after the individual becomes a partner in the partnership. It does not apply to certain family partnerships.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Charitable Conservation Easement Program Integrity Act of 2017

Sponsors


History

DateChamberAction
2017-11-28HouseReferred to the House Committee on Ways and Means.
2017-11-28HouseIntroduced in House

Same As/Similar To

HB1 (Related) 2017-12-22 - Became Public Law No: 115-97. (TXT | PDF)
HB567 (Same As) 2017-01-13 - Referred to the House Committee on Oversight and Government Reform.
SB2436 (Related) 2018-02-15 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1166)

Subjects


US Congress State Sources


Bill Comments

feedback