HR 4164
117th Congress
House
Taxation
Charitable Conservation Easement Program Integrity Act of 2021
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 24, 2021
Referred to the House Committee on Ways and Means.
Jun 24, 2021
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1