3.0.0 2436 2023-01-11T13:40:25Z 2023-01-11T13:40:25Z Senate S 2018-02-15 115 ssfi00 Finance Committee Senate Standing Referred to 2018-02-15T18:10:22Z Charitable Conservation Easement Program Integrity Act of 2017 115 4459 HR 2017-11-28 Referred to the House Committee on Ways and Means. Related bill CRS 2018-02-15 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1166) IntroReferral 2018-02-15 Introduced in Senate IntroReferral 10000 9 Library of Congress D000618 Sen. Daines, Steve [R-MT] Steve Daines R MT N S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2018-02-15 True T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2018-04-23 False D000622 Sen. Duckworth, Tammy [D-IL] Tammy Duckworth D IL 2018-07-09 False Taxation Charitable contributions Income tax deductions Land use and conservation Wildlife conservation and habitat protection Taxation 00 2018-02-15 Introduced in Senate 2018-03-20T17:55:11Z Charitable Conservation Easement Program Integrity Act of 2018

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.

]]> Charitable Conservation Easement Program Integrity Act of 2018 Display Title Charitable Conservation Easement Program Integrity Act of 2018 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to limit the amount of certain qualified conservation contributions. Introduced in Senate IS Short Titles as Introduced Charitable Conservation Easement Program Integrity Act of 2018 Introduced in Senate 2018-02-15T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s2436is/xml/BILLS-115s2436is.xml 2018-02-15 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1166) text/xml EN 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. Congressional Research Service, Library of Congress 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.