HR 14647
94th Congress
House
Taxation
Agriculture and Food
Animals and birds
Environmental Protection
Income tax
Public Lands and Natural Resources
Soil conservation
Soil erosion
Tax credits
Wildlife
Wildlife conservation
Wind erosion
A bill to encourage the establishment of wind erosion control and wildlife habitat areas which meet standards prescribed by the Secretary of Agriculture.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 1, 1976
Referred to House Committee on Ways and Means.
Jul 1, 1976
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow as a credit against the income tax an amount equal to the qualified land conservation expenditures paid or incurred by the taxpayer.
Defines "qualified land conservation expenditures" as any amount paid or incurred by the taxpayer to establish a wind erosion control and wildlife habitat area on land which was previously used for the production of agricultural products or for the sustenance of livestock.
Limits the amount of such credit to the tax due minus the amount of other specified credits.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1