HR 2290 · 107th Congress 2001–2003, ended

Conservation Tax Incentives Act of 2001

Introduced Jun 21, 2001 Originated House Sponsor Rob Portman R-OH

Latest action · Jun 21, 2001 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedJun 21, 2001
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Conservation Tax Incentives Act of 2001 - Amends the Internal Revenue Code to exclude from gross income 50 percent of any gain from the sale of land or an interest in land or water to an eligible entity if: (1) such land or interest in land or water was owned by the taxpayer or a member of the taxpayer's family at all times during the 3-year period ending on the date of the sale; and (2) such land or interest in land or water is being acquired by an eligible conservation entity which provides the taxpayer, at the time of acquisition, a written letter of intent stating that the purchaser's intent in making the acquisition is to serve specified conservation purposes.

Cosponsors 41

Members who signed on, in the order they did. Signatures ran from Jun 21, 2001 to Oct 7, 2002; 7 are original cosponsors, there from the day it was introduced.

Seat	Cosponsor		Signed on
R-NH	Charles F. Bass	Original	Jun 21, 2001
R-NH	John E. Sununu	Original	Jun 21, 2001
R-NY	John M. McHugh	Original	Jun 21, 2001
D-TN	John S. Tanner	Original	Jun 21, 2001
D-CO	Mark Udall	Original	Jun 21, 2001
D-CA	Robert T. Matsui	Original	Jun 21, 2001
R-AL	Spencer Bachus	Original	Jun 21, 2001
R-CO	Scott McInnis		Jun 27, 2001
D-NC	David E. Price		Oct 4, 2001
R-NE	Doug Bereuter		Oct 4, 2001
R-KY	Harold Rogers		Oct 4, 2001
D-MA	James P. McGovern		Oct 4, 2001
R-FL	Mark Foley		Oct 4, 2001
D-MA	Richard E. Neal		Oct 4, 2001
R-KY	Ron Lewis		Oct 4, 2001
R-MD	Wayne T. Gilchrest		Dec 20, 2001
D-MI	Bart Stupak		Mar 12, 2002
D-AZ	Ed Pastor		Mar 12, 2002
R-WA	Jennifer Dunn		Mar 12, 2002
D-FL	Karen L. Thurman		Mar 12, 2002
D-WA	Adam Smith		Apr 9, 2002
R-AZ	J. D. Hayworth		Apr 9, 2002
D-HI	Neil Abercrombie		Apr 9, 2002
R-NY	Felix J. Grucci Jr.		Apr 10, 2002
R-CT	Nancy L. Johnson		Apr 16, 2002
D-WA	Jim McDermott		Jun 4, 2002
D-CA	Xavier Becerra		Jun 4, 2002
R-PA	Phil English		Jun 13, 2002
D-OH	Sherrod Brown		Jun 13, 2002
R-OH	Steven C. LaTourette		Jul 8, 2002
R-OH	Patrick J. Tiberi		Jul 9, 2002
D-OH	Stephanie Tubbs Jones		Jul 23, 2002
D-OH	Tony P. Hall		Jul 23, 2002
R-OH	Robert W. Ney		Sep 4, 2002
D-NY	Maurice D. Hinchey		Sep 5, 2002
R-MN	Jim Ramstad		Sep 11, 2002
R-OH	Paul E. Gillmor		Sep 11, 2002
D-TX	Charles A. Gonzalez		Sep 17, 2002
R-TX	Sam Johnson		Sep 24, 2002
R-SC	Joe Wilson		Sep 25, 2002
R-PA	James C. Greenwood		Oct 7, 2002

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

Chamber	Committee	What it did
House	Ways and Means Committee	Referred Jun 21, 2001

Actions 2

Everything that happened, newest first.

Jun 21, 2001Introduced in House
Jun 21, 2001Referred to the House Committee on Ways and Means.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Printed hearings 2

Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.

Number	Hearing	Committee	Held
Serial No. 107-112	OVERSIGHT HEARING ON THE LOWER RIO GRANDE RIVER WATER SECURITY-- OPPORTUNITIES AND CHALLENGES; AND LEGISLATIVE HEARING ON H.R. 2990, TO AMEND THE LOWER RIO GRANDE VALLEY WATER RESOURCES CONSERVATION AND IMPROVEMENT ACT OF 2000 TO AUTHORIZE ADDITIONAL PROJECTS UNDER THAT ACT, AND FOR OTHER PURPOSES.97 pages	Natural Resources Committee	May 3, 2002
Serial No. 107-93	TAX INCENTIVES FOR LAND USE, CONSERVATION, AND PRESERVATION83 pages	Ways and Means Committee	Apr 30, 2002

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced: To amend the Internal Revenue Code of 1986 to provide a tax incentive for land sales for conservation purposes.
Short Titles as Introduced: Conservation Tax Incentives Act of 2001

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

Jun 21, 2001Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.