HR 3522 · 109th Congress · Taxation

Open Space Preservation Promotion Act of 2005

Introduced 2005-07-28· Sponsored by Rep. Bishop, Timothy H. [D-NY-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-07-28)

Plain Language Summary

[AI summary unavailable — showing source text] Open Space Preservation Promotion Act of 2005 - Amends the Internal Revenue Code to allow installment sales treatment for land sold to a governmental unit or tax-exempt charitable organization for conservation purposes even though the purchase funds for such sale are held in a sinking or similar fund, as required by state law.…

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

Cosponsors (1)

1 Republican
Rep. Kuhl, John R. "Randy", Jr. [R-NY-29]NY