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- H.R.523
H.R.523: Land Preservation Tax Fairness Act of 1995
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced Jan. 13, 1995
- Latest Major Action July 12, 1995
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
10 (5 Democrats, 5 Republicans)
Bill Summary
Land Preservation Tax Fairness Act of 1995 - Amends the Internal Revenue Code to require taking into account, for purposes of determining gain, the entire adjusted basis of property sold to a tax-exempt charitable organization as conservation property. Provides for determining the fair market value of restrictions on such property for purposes of determining the allowable deduction.
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Ways and Means.
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Committee Hearings Held.
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Committee Hearings Held.
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| Jan. 13, 1995 |
Introduced in the House by Richard Zimmer (R-N.J.) |