H.R.1896 - Open Space Preservation Promotion Act of 2009

To amend the Internal Revenue Code of 1986 to clarify that installment sales treatment shall not fail to apply to property acquired for conservation purposes by a State or local government or certain tax-exempt organizations merely because purchase funds are held in a sinking or similar fund pursuant to State law. view all titles (2)

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  • Short: Open Space Preservation Promotion Act of 2009 as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to clarify that installment sales treatment shall not fail to apply to property acquired for conservation purposes by a State or local government or certain tax-exempt organizations merely because purchase funds are held in a sinking or similar fund pursuant to State law. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
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04/02/09
 
 
 
 
 
 
 

Latest Action Apr 02, 2009Referred to the House Committee on W... Related Bills (0) & Issues (7)
4/2/2009--Introduced.Open Space Preservation Promotion Act of 2009- Amends the Internal Revenue Code to allow installment sales treatment for land sold to a governmental unit or tax-exempt charitable organization for conservation purposes even though the purchase funds for such sale are he
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Official Summary

4/2/2009--Introduced.Open Space Preservation Promotion Act of 2009- Amends the Internal Revenue Code to allow installment sales treatment for land sold to a governmental unit or tax-exempt charitable organization for conservation purposes even though the purchase funds for such sale are held in a sinking or similar fund, as required by state law.

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04/01/09
H.R. 1896: To amend the Internal Revenue Code of 1986 to clarify ...

A bill in the US Congress: To amend the Internal Revenue Code of 1986 to clarify that installment sales treatment shall not fail to apply to property acquired for conservation purposes by a State or local government or certain ...

Source: Active Legislation -- Tracked by GovTrack.us
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04/01/09
WashingtonWatch.com - H.R. 1896, To amend the Internal Revenue ...

US Congress: HR 1896, To amend the Internal Revenue Code of 1986 to clarify that installment sales treatment shall not fail to apply to property acquired for conservation purposes by a State or local government or certain tax-exempt ...

Source: WashingtonWatch.com - Welcome to WashingtonWatc...
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04/01/09
OpenCongress - U.S. Congress - H.R.1896 To amend the Internal ...

HR1896 To amend the Internal Revenue Code of 1986 to clarify that installment sales treatment shall not fail to apply to property acquired for conservation purposes by a State or local government or certain tax-exempt organizations ...

Source: Open Congress : Rep. Timothy Bishop [D, NY-1]
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