H.R.48 - Open Space Preservation Promotion Act of 2013

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)

All Bill Titles

  • 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.
  • Short: Open Space Preservation Promotion Act of 2013 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 1
  • All-Time: 529
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
01/03/13
 
 
 
 
 
 
 

Official Summary

Open Space Preservation Promotion Act of 2013- 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 sim

Official Summary

Open Space Preservation Promotion Act of 2013- 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.

...Read the Rest




Vote on This Bill

50% Users Support Bill

1 in favor / 1 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC