To amend the Internal Revenue Code of 1986 to encourage charitable contributions of real property for conservation purposes by Native Corporations.

Hozzl · 2023-01-11T13:29:08Z

Explore the details of House Bill 338 To amend the Internal Revenue Code of 1986 to encourage charitable contributions of real property for conservation purposes by Native Corporations. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

1/11/2023, 1:29 PM

Congressional Summary of HR 338

Amends the Internal Revenue Code to allow Alaska Native Corporations an increased tax deduction for donations of conservation easements related to lands conveyed under the Alaska Native Claims Settlement Act. Permits a 15-year carryover of contribution amounts that exceed annual limitations on the amount of such tax deduction.

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Current Status of Bill HR 338

Bill HR 338 is currently in the status of Bill Introduced since January 13, 2015. Bill HR 338 was introduced during Congress 114 and was introduced to the House on January 13, 2015. Bill HR 338's most recent activity was Referred to the House Committee on Ways and Means. as of January 13, 2015

Bipartisan Support of Bill HR 338

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 338

Primary Policy Focus

Taxation

Potential Impact Areas

AlaskaAlaska Natives and HawaiiansIncome tax deductionsIndian claimsIndian lands and resources rightsLand use and conservation

Alternate Title(s) of Bill HR 338

To amend the Internal Revenue Code of 1986 to encourage charitable contributions of real property for conservation purposes by Native Corporations.To amend the Internal Revenue Code of 1986 to encourage charitable contributions of real property for conservation purposes by Native Corporations.

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