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- S.4751
S.4751: Charitable Conservation Easement Program Integrity Act of 2020
About This Bill
- Introduced Sept. 29, 2020
- Latest Major Action Sept. 29, 2020
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - Sept. 29, 2020
Bill Summary
Charitable Conservation Easement Program Integrity Act of 2020 This bill limits 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...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sept. 29, 2020 |
Read twice and referred to the Committee on Finance.
|
Sept. 29, 2020 |
Introduced in the Senate by Steve Daines (R-Mont.) |