SENATE 2256117th CongressRead twice and referred to the Committee on Finance.
Charitable Conservation Easement Program Integrity Act of 2021
- Last Action
- 6/24/2021
Actions
- 2021-06-24Read twice and referred to the Committee on Finance.
- 2021-06-24Introduced in Senate
CRS Summary
As of 2021-06-24 (00)
Charitable Conservation Easement Program Integrity Act of 2021
This bill imposes a limitation on the tax deduction for qualified conservation contributions made by certain partnerships if the amount of the contribution exceeds 2.5% times the sum of each partner's relevant basis in the partnership. This limitation also applies to other pass-thru entities, such as S corporations.
Cosponsors (15)
- Debbie Stabenow (D-MI)
- Ron Wyden (D-OR)
- Charles Grassley (R-IA)
- Susan Collins (R-ME)
- Maggie Hassan (D-NH)
- Jeanne Shaheen (D-NH)
- Martin Heinrich (D-NM)
- Timothy Kaine (D-VA)
- Michael Bennet (D-CO)
- Chris Van Hollen (D-MD)
- John Reed (D-RI)
- Christopher Murphy (D-CT)
- Jon Tester (D-MT)
- Jeff Merkley (D-OR)
- John Hickenlooper (D-CO)
Sourced from Congress.gov (public domain).
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