HR 4541 · 102th Congress · Taxation

Federal Open Space Acquisition and Preservation Act of 1992

Introduced 1992-03-20· Sponsored by Rep. Zimmer, Dick [R-NJ-12]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1992-03-20)

Plain Language Summary

[AI summary unavailable — showing source text] Federal Open Space Acquisition and Preservation Act of 1992 - Amends the Internal Revenue Code to allow a credit against estate taxes for certain transfers of real property to Federal agencies for conservation purposes. Disallows a deduction under estate tax provisions for a transfer for which a credit is taken.…

Summarized by Claude AI · Non-partisan · For informational purposes only