Summary: S.822 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for S.822. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (05/03/2001)

Community Forestry and Agriculture Conservation Act of 2001 - Amends the Internal Revenue Code to treat a bond issued to acquire land together with any renewable resources associated with the land on land subject to a conservation restriction as a tax-exempt (qualified 501(c)(3)) bond if the revenues from are used in a manner consistent with the charitable purpose.