Daines Bill Set to Generate $6.6 Billion in Federal Revenue
U.S. SENATE– U.S. Senator Steve Daines today announced his bill, the Charitable Conservation Easement Program Integrity Act of 2019, will generate $6.6 Billion in federal revenue, according to the nonpartisan Joint Committee on Tax, by restoring integrity back to the conservation program. “My bipartisan bill will protect this critical conservation tool by stopping abuse from bad actors,” Daines said. “The massive $6.6 billion revenue estimate shows that, despite previous IRS guidance, abuses have continued and it demonstrates the need to bring integrity back to this program so it can be used for years to come.” The bill limits qualifying conservations contributions,