US HB48 | 2013-2014 | 113th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 3 2013 - 25% progression, died in committee
Action: 2013-01-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 3 2013 - 25% progression, died in committee
Action: 2013-01-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Open Space Preservation Promotion Act of 2013- Amends the Internal Revenue Code to allow installment sales treatment for land sold to a governmental unit or tax-exempt charitable organization for conservation purposes even though the purchase funds for such sale are held in a sinking or similar fund, as required by state law.
Title
Open Space Preservation Promotion Act of 2013
Sponsors
Rep. Timothy Bishop [D-NY] | Rep. Richard Hanna [R-NY] |
History
Date | Chamber | Action |
---|---|---|
2013-01-03 | House | Referred to the House Committee on Ways and Means. |
Subjects
Capital gains tax
Income tax deferral
Land transfers
Land use and conservation
Social work, volunteer service, charitable organizations
Tax-exempt organizations
Taxation
Income tax deferral
Land transfers
Land use and conservation
Social work, volunteer service, charitable organizations
Tax-exempt organizations
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/48/all-info |
Text | https://www.congress.gov/113/bills/hr48/BILLS-113hr48ih.pdf |