Complete America’s Great Trails Act

Senate Bill 4346 - Complete America’s Great Trails Act: Overview, Status, and Impact

Hozzl · 2022-12-29T16:48:33Z

Explore the details of Senate Bill 4346 Complete America’s Great Trails Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

12/29/2022, 4:48 PM

Congressional Summary of S 4346

Complete America's Great Trails Act

This bill allows a tax credit for the fair market value of any National Scenic Trail conservation contribution. The Department of the Interior must study and report on the efficacy of the tax credit in completing, extending, and increasing the number of National Scenic Trails and the feasibility and cost of making the credit refundable and transferable.

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Current Status of Bill S 4346

Bill S 4346 is currently in the status of Bill Introduced since May 26, 2022. Bill S 4346 was introduced during Congress 117 and was introduced to the Senate on May 26, 2022. Bill S 4346's most recent activity was Read twice and referred to the Committee on Finance. as of May 26, 2022

Bipartisan Support of Bill S 4346

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 S 4346

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 4346

Complete America’s Great Trails Act

A bill to amend the Internal Revenue Code of 1986 to allow a credit against income tax for qualified conservation contributions which include National Scenic Trails.