S.2728 - A bill to amend the Internal Revenue Code of 1986 to provide that the value of certain historic property shall be determined using an income approach in determining the taxable estate of a decedent.

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  • Official: A bill to amend the Internal Revenue Code of 1986 to provide that the value of certain historic property shall be determined using an income approach in determining the taxable estate of a decedent. as introduced.

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Introduced
 
Senate
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House
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President
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11/03/09
 
 
 
 
 
 
 

Official Summary

11/4/2009--Introduced.Amends the Internal Revenue Code to allow decedent estates to base the value of qualified historic property on the net earnings of such property for estate and gift tax purposes. Defines "qualified historic property" as any building designated as a national

Official Summary

11/4/2009--Introduced.Amends the Internal Revenue Code to allow decedent estates to base the value of qualified historic property on the net earnings of such property for estate and gift tax purposes. Defines "qualified historic property" as any building designated as a national historic landmark for at least 25 years prior to the death of a decedent and originally used for residential or farming purposes.

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Recent Blog Coverage

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04/04/10
Kristina's Enviro Comments: Assignment #6 - Frameworks for ...

Representative John Linder (GA-R) and Senator John Isakson introduced legislation, H.R. 135 and S. 2728. The original bills were identical. In 2003 this bill passed the Committee on Natural Resources and the Committee on Environment and ...

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11/02/09
WashingtonWatch.com - S. 2728, A bill to amend the Internal ...

US Congress: S. 2728, A bill to amend the Internal Revenue Code of 1986 to provide that the value of certain historic property shall be determined using an income approach in determining the taxable estate of a decedent.

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11/02/09
Bill Action: Introduced: S. 2728: A bill to amend the Internal ...

Richard Burr [R-NC] introduced S. 2728: A bill to amend the Internal Revenue Code of 1986 to provide that the value of certain historic property shall be determined using an income approach in determining the taxable estate of a ...

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