,,ii  #aafth ,,congress  #b;d ,session  
,s4 #dgea  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,september #bi1
 #bjbj,mr4 ,daines 7for himself1 ,mr4   
,grassley1 and ,mr4 ,roberts7 introduced
 the following bill2 which was read     
twice and referred to the ,committee on 
,finance  ,a ,,bill  ,to amend the      
,internal ,revenue ,code of #aihf to    
limit the charitable deduction for      
certain qualified conservation          
contributions4  #a4 ,short title ,this  
,act may be cited as the ,charitable    
,conservation ,easement ,program        
,integrity ,act of #bjbj4  #b4          
,limitation on deduction for qualified  
conservation contributions made by      
pass-through entity  7a7 ,in general    
,section #agj7;h7 of the ,internal      
,revenue ,code of #aihf is amended by   
adding at the end the following new     
paragraph3  7#g7 ,limitation on         
deduction for qualified conservation    
contributions made by pass-through      
entity  7,a7 ,in general ,in the case of

 any qualified conservation contribution
 of any partnership1 no amount of such  
contribution may be taken into account  
under this section by any partner of    
such partnership as a distributive share
 of such contribution if the aggregate  
amount so taken into account by such    
partner for the taxable year would 7but 
for this paragraph7 exceed #b4e times   
the portion of the adjusted basis of    
such partner's interest in such         
partnership 7determined immediately     
before such contribution and without    
regard to section #geb7 which is        
allocable 7under rules similar to the   
rules of section #gee7 to the qualified 
real property interest with respect to  
which such contribution is made4  7,b7  
,limitation to first-tier partnerships  
,except as may be otherwise provided by 
the ,secretary1 no distributive share of
 a qualified conservation contribution  
shall be taken into account under this  
section if the interest in the          
partnership making the contribution is  

held through one or more partnerships or
 pass-through entities4  7,c7 ,exception
 for contributions outside #c-year      
holding period ,subparagraphs 7,a7 and  
7,b7 shall not apply to a partner's     
distributive share of a qualified       
conservation contribution if such       
contribution is made-- 7i7 at least #c  
years after the date the partnership    
acquired the entirety of the qualified  
real property interest with respect to  
which such contribution is made1 and    
7ii7 at least #c years after the date   
the partner acquired the partner's      
entire interest in the partnership with 
respect to which such distributive share
 is determined 7including1 for purposes 
of subparagraph 7,b71 any such interest 
held through one or more partnerships or
 pass-through entities74  7,d7          
,exception for family partnerships ,this
 paragraph shall not apply with respect 
to any partnership if substantially all 
of the partnership interests in such    
partnership are held by individuals who 

are related within the meaning of       
section #aeb7;d77#b74  7,e7 ,application
 to other pass-through entities ,except 
as may be otherwise provided by the     
,secretary1 rules similar to the rules  
of this paragraph shall apply with      
respect to qualified conservation       
contributions of ,s corporations and    
other pass-through entities4  7,f7      
,regulations ,the ,secretary shall      
prescribe such regulations or other     
guidance as may be necessary to carry   
out1 and prevent the avoidance of1 the  
purposes of this paragraph4  4  7b7     
,effective date  7#a7 ,in general       
,except as otherwise provided in        
paragraph 7#b71 this section shall apply
 to contributions made in taxable years 
ending after ,december #bc1 #bjaf4 ,no  
inference is intended as to the         
appropriate treatment of contributions  
made in taxable years ending on or      
before such date or as to any activity  
not described in section #agj7;h77#g7 of
 the ,internal ,revenue ,code of #aihf1 

as added by this section4  7#b7         
,limitation to first-tier partnerships  
,subparagraph 7,b7 of section           
#agj7;h77#g7 of the ,internal ,revenue  
,code of #aihf1 as added by this        
section1 shall apply to contributions   
made after the date of the enactment of 
this ,act4