Rural Heritage Conservation Extension Act of 2013

Rural Heritage Conservation Extension Act of 2013 - Amends the Internal Revenue Code to: (1) make permanent the tax deduction for charitable contributions by individuals and corporations of real property interests for conservation purposes; and (2) prohibit any such deduction for contributions of an easement for use on, or intended use on, a golf course.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 526 Introduced in Senate (IS)]

113th CONGRESS
  1st Session
                                 S. 526

   To amend the Internal Revenue Code of 1986 to make permanent the 
special rule for contributions of qualified conservation contributions, 
                        and for other purposes.


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                   IN THE SENATE OF THE UNITED STATES

                             March 12, 2013

 Mr. Baucus (for himself and Mr. Hatch) introduced the following bill; 
     which was read twice and referred to the Committee on Finance

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                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to make permanent the 
special rule for contributions of qualified conservation contributions, 
                        and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Rural Heritage Conservation 
Extension Act of 2013''.

SEC. 2. SPECIAL RULE FOR CONTRIBUTIONS OF QUALIFIED CONSERVATION 
              CONTRIBUTIONS MADE PERMANENT.

    (a) In General.--
            (1) Individuals.--Subparagraph (E) of section 170(b)(1) of 
        the Internal Revenue Code of 1986, as amended by the American 
        Taxpayer Relief Act of 2012, is amended by striking clause 
        (vi).
            (2) Corporations.--Subparagraph (B) of section 170(b)(2) of 
        such Code, as amended by the American Taxpayer Relief Act of 
        2012, is amended by striking clause (iii).
    (b) Effective Date.--The amendments made by this section shall 
apply to contributions made in taxable years beginning after December 
31, 2013.

SEC. 3. ELIMINATION OF CHARITABLE DEDUCTION FOR EASEMENTS ON GOLF 
              COURSES.

    (a) In General.--Section 170(h) of the Internal Revenue Code of 
1986 is amended by adding at the end the following new paragraph:
            ``(7) Exception for easements for golf courses.--For 
        purposes of this section, the term `qualified conservation 
        contribution' shall not include any contribution of an easement 
        for use on, or intended for use on, a golf course.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to contributions made after the date of the enactment of this Act.
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