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H.R. 48

Open Space Preservation Promotion Act of 2013

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.

Referred to the House Committee on Ways and Means.

Rep. Bishop, Timothy H. [D-NY-1](D-NY)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions6subjects
  • Introduced in HouseJan 3, 2013
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    Referred to the House Committee on Ways and Means.

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    Introduced in House

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    Introduced in House