H.R. 4164 · 117th Congress
Charitable Conservation Easement Program Integrity Act of 2021
- Stage
- In committee
- Sponsor
- Mike Thompson
- Introduced
- 2021-06-24
- Latest action
- 2021-06-24 · Introduced in House
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.