,i  #aacth ,,congress  #b;d ,session    
,h4 ,r4 #dgba  ,,in ,,the ,,house ,,of  
,,representatives  ,may #bb1 #bjad ,mr4 
,young of ,alaska introduced the        
following bill2 which was referred to   
the ,committee on ,ways and ,means  ,a  
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to encourage charitable 
contributions of real property for      
conservation purposes by ,native        
,corporations4  #a4 ,encouragement of   
contributions of capital gain real      
property made for conservation purposes 
by ,native ,corporations  7a7 ,in       
general ,paragraph 7#b7 of section      
#agj7;b7 of the ,internal ,revenue ,code
 of #aihf is amended by redesignating   
subparagraph 7,c7 as subparagraph 7,d71 
and by inserting after subparagraph 7,b7
 the following new subparagraph3  7,c7  
,qualified conservation contributions by
 certain ,native ,corporations  7i7 ,in 
general ,any qualified conservation     
contribution 7as defined in subsection  
7h77#a77 which--  7,i7 is made by a     

,native ,corporation1 and  7,,ii7 is a  
contribution of property which was land 
conveyed under the ,alaska ,native      
,claims ,settlement ,act1  shall be     
allowed to the extent that the aggregate
 amount of such contributions does not  
exceed the excess of the taxpayer's     
taxable income over the amount of       
charitable contributions allowable under
 subparagraph 7,a74  7ii7 ,carryover ,if
 the aggregate amount of contributions  
described in clause 7i7 exceeds the     
limitation of clause 7i71 such excess   
shall be treated 7in a manner consistent
 with the rules of subsection 7d77#b77  
as a charitable contribution to which   
clause 7i7 applies in each of the #ae   
succeeding years in order of time4      
7iii7 ,definition ,for purposes of      
clause 7i71 the term ,native            
,corporation has the meaning given such 
term by section #c7m7 of the ,alaska    
,native ,claims ,settlement ,act4  7iv7 
,valid existing rights preserved        
,nothing in this provision shall be     

construed to modify the existing        
property rights validly conveyed to     
,native ,corporations under the ,alaska 
,native ,claims ,settlement ,act4  4    
7b7 ,conforming amendment ,section      
#agj7;b77#b77;,a7 of such ,code is      
amended by striking subparagraph 7,b7   
applies and inserting subparagraphs 7,b7
 or 7,c7 apply4  7c7 ,effective date    
,the amendments made by this section    
shall apply to contributions made in    
taxable years beginning after ,december 
#ca1 #bjac4