H.R. 4721 · 113th Congress

To amend the Internal Revenue Code of 1986 to encourage charitable contributions of real property for conservation purposes by Native Corporations.

Stage
In committee
Sponsor
Don Young
Introduced
2014-05-22
Latest action
2014-05-22 · Introduced in House

Summary

Amends the Internal Revenue Code to allow Alaska Native Corporations an increased tax deduction for donations of conservation easements related to lands conveyed under the Alaska Native Claims Settlement Act. Permits a 15-year carryover of contribution amounts that exceed annual limitations on the amount of such tax deduction.