Bill Summary & Status for the 106th Congress

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H.R.5336
Sponsor: Rep Forbes, Michael P. (introduced 9/28/2000)
Latest Major Action: 9/28/2000 Referred to House committee
Title: To amend the Internal Revenue Code of 1986 to exclude from gross income gain on the sale to a governmental unit of land or an easement therein for open space conservation purposes.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions)
9/28/2000:
Referred to the House Committee on Ways and Means.
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSORS(1), ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Rep Engel, Eliot L. - 9/28/2000

SUMMARY AS OF:
9/28/2000--Introduced.

Conservation and Reinvestment Tax-Incentive Act of 2000 - Amends the Internal Revenue Code to exclude from gross income the sale or exchange to a governmental unit of: (1) qualified property subject to a qualified conservation easement; and (2) a qualified conservation easement.