S. 2256 · 117th Congress · Senate

Charitable Conservation Easement Program Integrity Act of 2021

Active· Read twice and referred to the Committee on Finance.
Introduced
Jun 24, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

2
  1. JUN 24, 2021IntroReferral

    Introduced in Senate

  2. JUN 24, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Jun 24, 2021

Active