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H.R. 1607

BillFederalHouseIn Committee
Tax Credits for Conservation Act of 2003
About This Bill
Committee
Latest Action · April 3, 2003
Referred to the House Committee on Ways and Means.
Congress
108th (2003–2005)
Introduced
April 3, 2003
Sponsor
Rep. Virgil GoodeR
Cosponsors (0)
None
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Summary

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Tax Credits for Conservation Act of 2003 - Amends the Internal Revenue Code to allow an annual tax credit of 50 percent of the qualified conservation contributions of qualified U.S. real property interests for specified conservation purposes.Limits such credit to $100,000 ($50,000 for tax year 2003; $75,000 for tax year 2004).Allows a limited carryover of unused credit.

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