Summary: H.R.4301 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for H.R.4301. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (07/22/1998)

Community Forestry and Agriculture Conservation Act of 1998 - Amends the Internal Revenue Code to treat a bond issued to acquire renewable resources on land subject to a conservation easement as a tax-exempt (qualified 501(c)(3)) bond if the revenues from such resources' use or sale are used in a manner consistent with the charitable purpose of the issuer although not used as otherwise required.