HR 159 · 108th Congress · Taxation

Open Space Preservation Act of 2003

Introduced 2003-01-07· Sponsored by Rep. Pitts, Joseph R. [R-PA-16]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-01-07)

Plain Language Summary

[AI summary unavailable — showing source text] Open Space Preservation Act of 2003 - Amends the Internal Revenue Code to exclude from gross income the gain from the sale or exchange of farmland if there is a covenant prohibiting any use other than as farmland.…

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