To amend the Internal Revenue Code of 1986 to limit the amount of certain qualified conservation contributions.
United States115th CongressHR-4459House of Representatives
Updated: Nov 28, 2017
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.
Bill texts
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Timeline
Latest companion bill action
S-2436: A bill to amend the Internal Revenue Code of 1986 to limit the amount of certain qualified conservation contributions.Introduced in Senate
Introduced in House
Referred to the House Committee on Ways and Means.
House of Representatives
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