Charitable Conservation Easement Program Integrity Act of 2017
Latest action · Nov 28, 2017 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.
- IntroducedNov 28, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Charitable Conservation Easement Program Integrity Act of 2017
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.
Cosponsors 16
Members who signed on, in the order they did. Signatures ran from Nov 28, 2017 to Nov 14, 2018; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-PA | Mike Kelly | Original | Nov 28, 2017 |
| R-PA | Brian K. Fitzpatrick | Dec 1, 2017 | |
| D-CT | John B. Larson | Dec 12, 2017 | |
| D-OR | Earl Blumenauer | Dec 13, 2017 | |
| D-CA | John Garamendi | Dec 14, 2017 | |
| R-NY | John J. Faso | Dec 18, 2017 | |
| D-TX | Gene Green | Mar 26, 2018 | |
| D-TX | Sheila Jackson Lee | Mar 26, 2018 | |
| D-OH | Tim Ryan | Mar 26, 2018 | |
| R-MT | Greg Gianforte | Apr 13, 2018 | |
| D-IN | Peter J. Visclosky | Apr 13, 2018 | |
| R-OH | David P. Joyce | May 9, 2018 | |
| R-TX | Ted Poe | May 9, 2018 | |
| D-VT | Peter Welch | Sep 4, 2018 | |
| D-ME | Chellie Pingree | Oct 19, 2018 |
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 Nov 28, 2017 |
Actions 2
Everything that happened, newest first.
- Nov 28, 2017Introduced in House
- Nov 28, 2017Referred 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.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 163, no. 193, November 28, 2017, page H9468.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 115-474 | PRESIDENT'S FISCAL YEAR 2019 BUDGET73 pages | Finance Committee | Feb 14, 2018 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2436 | Charitable Conservation Easement Program Integrity Act of 2018 | Related bill | Feb 15, 2018 |
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 limit the amount of certain qualified conservation contributions.
- Short Titles as Introduced
- Charitable Conservation Easement Program Integrity Act of 2017
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Nov 28, 2017Introduced in House
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.
