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    <number>48</number>
    <updateDate>2022-11-15T16:33:22Z</updateDate>
    <updateDateIncludingText>2022-11-15T16:33:22Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2013-01-03</introducedDate>
    <congress>113</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. BISHOP of New York:H.R. 48.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the U.S. Constitution.[Page H34]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2013-01-03T16:07:30Z</date>
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        <actionDate>2013-01-03</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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    <sponsors>
      <item>
        <bioguideId>B001242</bioguideId>
        <fullName>Rep. Bishop, Timothy H. [D-NY-1]</fullName>
        <firstName>Timothy</firstName>
        <lastName>Bishop</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>H.</middleName>
        <district>1</district>
        <isByRequest>N</isByRequest>
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    <cosponsors>
      <item>
        <bioguideId>H001051</bioguideId>
        <fullName>Rep. Hanna, Richard L. [R-NY-24]</fullName>
        <firstName>Richard</firstName>
        <lastName>Hanna</lastName>
        <party>R</party>
        <state>NY</state>
        <middleName>L.</middleName>
        <district>24</district>
        <sponsorshipDate>2013-01-03</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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    </cosponsors>
    <policyArea>
      <name>Taxation</name>
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    <subjects>
      <legislativeSubjects>
        <item>
          <name>Capital gains tax</name>
        </item>
        <item>
          <name>Income tax deferral</name>
        </item>
        <item>
          <name>Land transfers</name>
        </item>
        <item>
          <name>Land use and conservation</name>
        </item>
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          <name>Social work, volunteer service, charitable organizations</name>
        </item>
        <item>
          <name>Tax-exempt organizations</name>
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      <policyArea>
        <name>Taxation</name>
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      <summary>
        <versionCode>00</versionCode>
        <actionDate>2013-01-03</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2013-01-08T21:08:55Z</updateDate>
        <text><![CDATA[ <p>Open Space Preservation Promotion Act of 2013- Amends the Internal Revenue Code to allow installment sales treatment for land sold to a governmental unit or tax-exempt charitable organization for conservation purposes even though the purchase funds for such sale are held in a sinking or similar fund, as required by state law.</p>]]></text>
      </summary>
    </summaries>
    <title>Open Space Preservation Promotion Act of 2013</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Open Space Preservation Promotion Act of 2013</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Open Space Preservation Promotion Act of 2013</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to clarify that installment sales treatment shall not fail to apply to property acquired for conservation purposes by a State or local government or certain tax-exempt organizations merely because purchase funds are held in a sinking or similar fund pursuant to State law.</title>
      </item>
    </titles>
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        <type>Introduced in House</type>
        <date>2013-01-03T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-113hr48ih/xml/BILLS-113hr48ih.xml</url>
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    <latestAction>
      <actionDate>2013-01-03</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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