HR 523
104th Congress
House
Taxation
Capital gains tax
Charitable contributions
Charities
Conservation of natural resources
Environmental Protection
Income tax
Land transfers
Open space lands
Public Lands and Natural Resources
Real estate appraisal
Tax deductions
Tax-exempt organizations
Land Preservation Tax Fairness Act of 1995
Introduced: January 13, 1995
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 1995
Committee Hearings Held.
Jul 11, 1995
Committee Hearings Held.
Jan 13, 1995
Referred to the House Committee on Ways and Means.
Jan 13, 1995
Introduced in House
Plain-English summary
Land Preservation Tax Fairness Act of 1995 - Amends the Internal Revenue Code to require taking into account, for purposes of determining gain, the entire adjusted basis of property sold to a tax-exempt charitable organization as conservation property.
Provides for determining the fair market value of restrictions on such property for purposes of determining the allowable deduction.
What's happening now
Committee Hearings Held.
Committees of jurisdiction
1