Bill117th CongressFiled Jun 24, 2021Taxation
S. 2256
Charitable Conservation Easement Program Integrity Act of 2021
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jun 24, 2021)
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.
What just happenedJun 24, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Daines, Steve [R-MT](R-MT)Sponsor
15 cosponsors13 D2 R
15cosponsors1committees2actions2related bills
- Introduced in SenateJun 24, 2021
- Jun 24, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jun 24, 2021IntroReferral10000
Introduced in Senate