A bill to amend the Internal Revenue Code of 1986 to encourage contributions of capital gain real property made for conservation purposes.

Fact Sheet API

Bill Number

S 701

Introduced

Mar 25, 2003

Latest Action

Read twice and referred to the Committee on Finance.

Sponsor

Cosponsors

Topics

Agricultural conservation Agriculture and Food Capital gains tax Charitable contributions Commerce Corporation taxes Environmental Protection Farmers Income tax Nature conservation Public Lands and Natural Resources Real property Tax deductions Taxation

Full Text

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Votes

Summary

Amends the Internal Revenue Code to provide additional tax incentives with respect to capital gain contributions to encourage qualified conservation, with special rules for eligible farmers and ranchers in particular.

Actions

Mar 25, 2003

Read twice and referred to the Committee on Finance.
Mar 25, 2003

Sponsor introductory remarks on measure. (CR S4380-4381)
Mar 25, 2003

Introduced in Senate

Amendments

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