110 HR 1576 IH: To amend the Internal Revenue Code of 1986 to make U.S. House of Representatives 2007-03-19 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.

I 110th CONGRESS 1st Session H. R. 1576 IN THE HOUSE OF REPRESENTATIVES March 19, 2007 Mr. Thompson of California (for himself, Mr. Camp of Michigan, Mr. Kind, Mr. McDermott, Mr. Cantor, Mr. Blumenauer, Mr. Lewis of Georgia, Mr. Chandler, Mr. Saxton, Mr. Gerlach, Mr. Murphy of Connecticut, Mr. Fortenberry, Mrs. Tauscher, Mr. Issa, Mr. Bartlett of Maryland, Mr. Radanovich, Mr. Gilchrest, Mr. Kuhl of New York, Mr. Patrick J. Murphy of Pennsylvania, Mr. Israel, Mr. Cardoza, Mr. Ehlers, Mr. Bishop of New York, and Mr. Garrett of New Jersey) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to make permanent the special rule for contributions of qualified conservation contributions.

1.

Special rule for contributions of qualified conservation contributions made permanent

(a)

In general

(1)

Individuals

Subparagraph (E) of section 170(b)(1) of the Internal Revenue Code of 1986 (relating to contributions of qualified conservation contributions) is amended by striking clause (vi). (2)

Corporations

Subparagraph (B) of section 170(b)(2) of such Code (relating to qualified conservation contributions) is amended by striking clause (iii). (b)

Effective date

The amendments made by this section shall apply to contributions made in taxable years beginning after the date of the enactment of this Act.