HR 1593

112th CONGRESS
1st Session

H. R. 1593

To amend the Internal Revenue Code of 1986 to allow an unlimited exclusion from transfer taxes for certain farmland and land of conservation value, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

April 15, 2011

Mr. BISHOP of New York (for himself and Mr. HANNA) 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 allow an unlimited exclusion from transfer taxes for certain farmland and land of conservation value, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. TRANSFER TAX EXCLUSION FOR CERTAIN FARMLAND AND LAND OF CONSERVATION VALUE.

`SEC. 2059. FARM AND CONSERVATION LAND.

`SEC. 6324C. SPECIAL LIEN ON FARM AND CONSERVATION LAND.

`SEC. 2524. GIFT OF FARM AND CONSERVATION LAND.

END