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- H.R.1763
H.R.1763: Agricultural Land Preservation Act of 1997
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced June 3, 1997
- Latest Major Action June 3, 1997
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
28 (17 Democrats, 12 Republicans)
Bill Summary
Agricultural Land Preservation Act of 1997 - Amends the Internal Revenue Code to exclude from the gross estate, if the executor so elects, the value of land subject to a qualified conservation easement, except for any debt-financed portion and reduced by any deduction taken under provisions relating to transfers for public, charitable, and religious use. Provides for the treatment of any retained development right. Adds references to such...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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June 3, 1997 |
Introduced in the House by Wayne T. Gilchrest (R-Md.) |