,i  #aae? ,,congress  #b;d ,session  ,h4
 ,r4 #fiii  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #bh1        
#bjah,mr4 ,mead[s introduc$ ! foll[+    
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to am5d !   
,int]nal ,rev5ue ,code ( #aihf to       
exclude f gross income ga9 ! sale ( l&  
&_/or o!r qualifi$ real prop]ty int]e/s 
9 sales = cons]vation purposes4  #a4    
,%ort title ,?is ,act may be cit$ z !   
,cons]vation ,capital ,ga9s ,exclusion  
,act ( #bjah4  #b4 ,exclusion ( ga9 f   
sale ( l& or qualifi$ real prop]ty      
int]e/s = cons]vation purposes  7a7 ,9  
g5]al ,"p ,,iii ( sub*apt] ,b ( *apt] #a
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by ins]t+ be=e section #adj !     
foll[+ new section3  #aci;,h4 ,ga9 f    
sale ( l& or qualifi$ real prop]ty      
int]e/s = cons]vation purposes  7a7 ,9  
g5]al ,gross income %all n include any  
ga9 f ! sale ( l& or a qualifi$ real    
prop]ty int]e/ to a qualifi$            
organization exclusively = cons]vation  

purposes4  7b7 ,def9itions ,= purposes (
 ?is section-- 7#a7 ,qualifi$ real      
prop]ty int]e/  7,a7 ,9 g5]al ,! t]m    
qualifi$ real prop]ty int]e/ means any (
 ! foll[+ int]e/s 9 real prop]ty3  7i7  
,! entire int]e/ ( ! taxpay]4  7ii7 ,a  
rema9d] int]e/4  7iii7 ,a re/riction    
7grant$ 9 p]petuity7 on ! use :i* may be
 made ( ! real prop]ty4  7,b7 ,special  
rule = m9]al int]e/s ,an int]e/ 9 real  
prop]ty %all n fail to be treat$ z a    
qualifi$ real prop]ty int]e/ solely by  
reason ( a ret5tion ( a qualifi$ m9]al  
int]e/4  7#b7 ,qualifi$ organization2   
cons]vation purposes ,! t]ms qualifi$   
organization & cons]vation purpose %all 
h ! respective mean+s giv5 su* t]ms by  
section #agj7;h74  4  7b7 ,cl]ical      
am5dm5t ,! table ( sections = "p ,,iii (
 sub*apt] ,b ( *apt] #a ( su* ,code is  
am5d$ by ins]t+ be=e ! item relat+ to   
section #adj ! foll[+ new item3  ,sec4  
#aci;,h4 ,ga9 f sale or grant (         
cons]vation easem5t4  4  7c7 ,effective 
date ,! am5dm5ts made by ?is section    

%all apply to taxable ye>s beg9n+ aft] !
 date ( ! enactm5t ( ?is ,act4