Summary: H.R.2286 — 104th Congress (1995-1996)All Information (Except Text)

There is one summary for H.R.2286. Bill summaries are authored by CRS.

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Introduced in House (09/07/1995)

Endangered Species Conservation Incentives Act of 1995 - Amends the Internal Revenue Code to permit a taxpayer to designate any overpayment for endangered species conservation.

Establishes the Endangered Species Conservation Trust Fund in the Treasury into which the designated amount will be transferred.

Deducts from the value of a taxable estate an amount equal to the value of any endangered species agreement property included in the estate. Provides for the recapture of such benefit in certain cases.

Sets forth a provision providing for the valuation of a conservation easement.

Allows a limited credit for endangered species conservation agreement costs.