Proposal:Charitable Conservation Easement Program Integrity Act of 2019

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.

Bill	S 170
Type of Legislation	Senate Bill
Congress	116
Source	View original on Congress.gov

Geographic Scope

National

Description

Charitable Conservation Easement Program Integrity Act of 2019

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.

Bill Title

Charitable Conservation Easement Program Integrity Act of 2019

Linked Goals

• Goal:Promote General Welfare

Steps

• 2019-01-16: Read twice and referred to the Committee on Finance.
• 2019-01-16: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.