Charitable Conservation Easement Program Integrity Act of 2020

Summary

Charitable Conservation Easement Program Integrity Act of 20 20 This bill limits 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 three taxable years after the individual becomes a partner in the partnership. It does not apply to certain family partnerships.

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Timeline

1. 29 September 2020

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 29 September 2020

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 29 September 2020 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 29 September 2020

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 29 September 2020

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in Senate

  summary · EN · 29 September 2020

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Daines, Steve [R-MT] · R · Sponsor
• Sen. Grassley, Chuck [R-IA] · R · Sponsor
• Sen. Roberts, Pat [R-KS] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to → Charitable Conservation Easement Program Integrity Act of 2019
• related to → Charitable Conservation Easement Program Integrity Act of 2019
• related to ← Charitable Conservation Easement Program Integrity Act of 2020
• related to ← Charitable Conservation Easement Program Integrity Act of 2020