SUMMARY AS OF:
7/19/1999--Introduced.
Species Conservation Tax Act of 1999 - Amends the Internal Revenue Code to
exclude from gross income payments received under the Partners for Fish and
Wildlife Program. Allows, as a charitable deduction, a qualified conservation
contribution which provides for the conservation of a designated endangered
species. Excludes from the estate tax certain real property subject to an
endangered species conservation agreement. Repeals specified property location
restrictions on the estate tax exclusion for property subject to a qualified
conservation easement.