A bill to permit persons who convey certain lands in Colorado to the United States for the expansion of the Fort Carson military installation to treat the conveyance of such lands as involuntary conversions for the purposes of section 1033 of the Internal Revenue Code of 1954.

[AI summary unavailable — showing source text] Provides that, for income tax purposes, any conveyance of privately owned lands located in Purgatory River Canyon and Pinon Canyon, Colorado, to the United States for expansion of the Fort Carson military installation shall be treated as an involuntary conversion.…