IB 

Union Calendar No. 11 

114TH CONGRESS 

1ST SESSION H. R. 641 

[Report No. 114–17] 

To amend the Internal Revenue Code of 1986 to make permanent the special 

rule for contributions of qualified conservation contributions. 

IN THE HOUSE OF REPRESENTATIVES 

FEBRUARY 2, 2015 

Mr. KELLY of Pennsylvania (for himself, Mr. THOMPSON of California, Mr. 

BENISHEK, Mr. BLUMENAUER, Mrs. CAPPS, Mr. COSTELLO of Pennsylvania, Mr. DENT, Mr. DOGGETT, Ms. ESTY, Mr. FRELINGHUYSEN, Mr. 

GARAMENDI, Mr. JOYCE, Ms. KAPTUR, Mr. KIND, Ms. KUSTER, Mr. 

LARSON of Connecticut, Mrs. LUMMIS, Mr. MCDERMOTT, Mr. MCGOVERN, Mr. MEEHAN, Mr. NEAL, Mr. RANGEL, Mr. REED, Ms. LINDA T. 

SA ́NCHEZ of California, Mr. SCHOCK, Mr. SENSENBRENNER, Ms. TSONGAS, Mr. WALZ, Mr. GIBSON, Mr. SMITH of Missouri, Mr. MARINO, Mr. 

YOUNG of Alaska, Mr. WELCH, Mr. ZINKE, Mr. MURPHY of Florida, and 

Mr. SANFORD) introduced the following bill; which was referred to the 

Committee on Ways and Means 

FEBRUARY 9, 2015 

Additional sponsors: Mr. DESJARLAIS, Mr. FITZPATRICK, Mr. MURPHY of 

Pennsylvania, Mr. PITTS, Mr. PETERSON, Mr. TIPTON, Mr. LANGEVIN, 

Ms. PINGREE, Mr. MACARTHUR, Mr. SWALWELL of California, Mr. 

PAULSEN, Mr. BARLETTA, Mr. POLIS, Mr. YOUNG of Indiana, Mr. SEAN

PATRICK MALONEY of New York, Mr. SESSIONS, Mr. ROSKAM, Mr. WILLIAMS, and Mr. SIMPSON

FEBRUARY 9, 2015 

Reported with an amendment, committed to the Committee of the Whole 

House on the State of the Union, and ordered to be printed 

[Strike out all after the enacting clause and insert the part printed in italic] 

[For text of introduced bill, see copy of bill as introduced on February 2, 2015] 

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•HR 641 RH

A BILL 

To amend the Internal Revenue Code of 1986 to make 

permanent the special rule for contributions of qualified 

conservation contributions. 

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•HR 641 RH

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Conservation Easement 

5 Incentive Act of 2015’’. 

6 SEC. 2. SPECIAL RULE FOR QUALIFIED CONSERVATION 

7 CONTRIBUTIONS MADE PERMANENT. 

8 (a) IN GENERAL.— 

9 (1) INDIVIDUALS.—Subparagraph (E) of section 

10 170(b)(1) of the Internal Revenue Code of 1986 (relat11 ing to contributions of qualified conservation con12 tributions) is amended by striking clause (vi). 

13 (2) CORPORATIONS.—Subparagraph (B) of sec14 tion 170(b)(2) of such Code (relating to qualified con15 servation contributions) is amended by striking clause 

16 (iii). 

17 (b) CONTRIBUTIONS OF CAPITAL GAIN REAL PROP18 ERTY MADE FOR CONSERVATION PURPOSES BY NATIVE

19 CORPORATIONS.— 

20 (1) IN GENERAL.—Section 170(b)(2) of such 

21 Code is amended by redesignating subparagraph (C) 

22 as subparagraph (D), and by inserting after subpara23 graph (B) the following new subparagraph: 

24 ‘‘(C) QUALIFIED CONSERVATION CONTRIBU25 TIONS BY CERTAIN NATIVE CORPORATIONS.— 

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•HR 641 RH

1 ‘‘(i) IN GENERAL.—Any qualified con2 servation contribution (as defined in sub3 section (h)(1)) which— 

4 ‘‘(I) is made by a Native Corpora5 tion, and 

6 ‘‘(II) is a contribution of property 

7 which was land conveyed under the 

8 Alaska Native Claims Settlement Act, 

9 shall be allowed to the extent that the aggre10 gate amount of such contributions does not 

11 exceed the excess of the taxpayer’s taxable 

12 income over the amount of charitable con13 tributions allowable under subparagraph 

14 (A). 

15 ‘‘(ii) CARRYOVER.—If the aggregate 

16 amount of contributions described in clause 

17 (i) exceeds the limitation of clause (i), such 

18 excess shall be treated (in a manner con19 sistent with the rules of subsection (d)(2)) 

20 as a charitable contribution to which clause 

21 (i) applies in each of the 15 succeeding tax22 able years in order of time. 

23 ‘‘(iii) NATIVE CORPORATION.—For 

24 purposes of this subparagraph, the term 

25 ‘Native Corporation’ has the meaning given 

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•HR 641 RH

1 such term by section 3(m) of the Alaska Na2 tive Claims Settlement Act.’’. 

3 (2) CONFORMING AMENDMENTS.— 

4 (A) Section 170(b)(2)(A) of such Code is 

5 amended by striking ‘‘subparagraph (B) applies’’ 

6 and inserting ‘‘subparagraph (B) or (C) ap7 plies’’. 

8 (B) Section 170(b)(2)(B)(ii) of such Code is 

9 amended by striking ‘‘15 succeeding years’’ and 

10 inserting ‘‘15 succeeding taxable years’’. 

11 (3) VALID EXISTING RIGHTS PRESERVED.—Noth12 ing in this subsection (or any amendment made by 

13 this subsection) shall be construed to modify the exist14 ing property rights validly conveyed to Native Cor15 porations (within the meaning of section 3(m) of the 

16 Alaska Native Claims Settlement Act) under such Act. 

17 (c) EFFECTIVE DATE.—The amendments made by this 

18 section shall apply to contributions made in taxable years 

19 beginning after December 31, 2014. 

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Union Calendar No. 11 

114TH CONGRESS 

1ST SESSION H. R. 641 

[Report No. 114–17] 

A BILL 

To amend the Internal Revenue Code of 1986 to 

tions of qualified conservation contributions. make permanent the special rule for contribuFEBRUARY 9, 2015 

Reported with an amendment, committed to the Comand ordered to be printed mittee of the Whole House on the State of the Union, 

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