Charitable Conservation Easement Program Integrity Act of 2017
Sponsored By: Representative Thompson, Mike [D-CA-4]
Unknown
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.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Thompson, Mike [D-CA-4]
CA • D
Cosponsors
Rep. Joyce, David P. [R-OH-14]
OH • R
Sponsored 5/9/2018
Sen. Welch, Peter [D-VT]
VT • D
Sponsored 9/4/2018
Rep. Pingree, Chellie [D-ME-1]
ME • D
Sponsored 10/19/2018
Rep. Esty, Elizabeth H. [D-CT-5]
CT • D
Sponsored 11/14/2018
Rep. Kelly, Mike [R-PA-16]
PA • R
Sponsored 11/28/2017
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 12/1/2017
Rep. Larson, John B. [D-CT-1]
CT • D
Sponsored 12/12/2017
Rep. Blumenauer, Earl [D-OR-3]
OR • D
Sponsored 12/13/2017
Rep. Garamendi, John [D-CA-8]
CA • D
Sponsored 12/14/2017
Rep. Faso, John J. [R-NY-19]
NY • R
Sponsored 12/18/2017
GENE GREEN
TX • D
Sponsored 3/26/2018
Rep. Jackson Lee, Sheila [D-TX-18]
TX • D
Sponsored 3/26/2018
Rep. Ryan, Tim [D-OH-13]
OH • D
Sponsored 3/26/2018
PETER VISCLOSKY
IN • D
Sponsored 4/13/2018
Rep. Gianforte, Greg [R-MT-At Large]
MT • R
Sponsored 4/13/2018
Rep. Poe, Ted [R-TX-2]
TX • R
Sponsored 5/9/2018
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov