US Congress Senate Bill 2436 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on February 15 2018 - 25% progression, died in committee
Action: 2018-02-15 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1166)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Charitable Conservation Easement Program Integrity Act of 2018 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.

Charitable Conservation Easement Program Integrity Act of 2018

Sen. Steve Daines [R-MT]

Sen. Debbie Stabenow [D-MI]

Sen. Jon Tester [D-MT]

Sen. Tammy Duckworth [D-IL]

Date	Chamber	Action
2018-02-15	Senate	Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1166)

HB4459 (Related) 2017-11-28 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/2436/all-info
Text	https://www.congress.gov/115/bills/s2436/BILLS-115s2436is.pdf