I 

114TH CONGRESS 

1ST SESSION H. R. 641 

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 

A BILL 

To amend the Internal Revenue Code of 1986 to make 

permanent the special rule for contributions of qualified 

conservation contributions. 

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 Ease5 ment Incentive Act of 2015’’. 


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1 SEC. 2. SPECIAL RULE FOR CONTRIBUTIONS OF QUALIFIED 

2 CONSERVATION CONTRIBUTIONS MADE PER3 MANENT. 

4 (a) IN GENERAL.— 

5 (1) INDIVIDUALS.—Subparagraph (E) of sec6 tion 170(b)(1) of the Internal Revenue Code of 1986 

7 (relating to contributions of qualified conservation 

8 contributions) is amended by striking clause (vi). 

9 (2) CORPORATIONS.—Subparagraph (B) of sec10 tion 170(b)(2) of such Code (relating to qualified 

11 conservation contributions) is amended by striking 

12 clause (iii). 

13 (b) CONTRIBUTIONS OF CAPITAL GAIN REAL PROP14 ERTY MADE FOR CONSERVATION PURPOSES BY NATIVE

15 CORPORATIONS.— 

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

17 Code is amended by redesignating subparagraph (C) 

18 as subparagraph (D), and by inserting after sub19 paragraph (B) the following new subparagraph: 

20 ‘‘(C) QUALIFIED CONSERVATION CON21 TRIBUTIONS BY CERTAIN NATIVE CORPORA22 TIONS.— 

23 ‘‘(i) IN GENERAL.—Any qualified con24 servation contribution (as defined in sub25 section (h)(1)) which— 


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1 ‘‘(I) is made by a Native Cor2 poration, and 

3 ‘‘(II) is a contribution of prop4 erty which was land conveyed under 

5 the Alaska Native Claims Settlement 

6 Act, 

7 shall be allowed to the extent that the ag8 gregate amount of such contributions does 

9 not exceed the excess of the taxpayer’s tax10 able income over the amount of charitable 

11 contributions allowable under subpara12 graph (A). 

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

14 amount of contributions described in clause 

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

16 excess shall be treated (in a manner con17 sistent with the rules of subsection (d)(2)) 

18 as a charitable contribution to which clause 

19 (i) applies in each of the 15 succeeding 

20 years in order of time. 

21 ‘‘(iii) NATIVE CORPORATION.—For 

22 purposes of this subparagraph, the term 

23 ‘Native Corporation’ has the meaning 

24 given such term by section 3(m) of the 

25 Alaska Native Claims Settlement Act.’’. 


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1 (2) CONFORMING AMENDMENT.—Section 

2 170(b)(2)(A) of such Code is amended by striking 

3 ‘‘subparagraph (B) applies’’ and inserting ‘‘subpara4 graph (B) or (C) applies’’. 

5 (3) VALID EXISTING RIGHTS PRESERVED.— 

6 Nothing in this subsection (or any amendment made 

7 by this subsection) shall be construed to modify the 

8 existing property rights validly conveyed to Native 

9 Corporations (within the meaning of section 3(m) of 

10 the Alaska Native Claims Settlement Act) under 

11 such Act. 

12 (c) EFFECTIVE DATE.—The amendments made by 

13 this section shall apply to contributions made in taxable 

14 years beginning after December 31, 2014. 

Æ 


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