There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/15/2011)

Open Space Preservation Promotion Act of 2011 - Amends the Internal Revenue Code to allow installment sales treatment for land sold to a governmental unit or tax-exempt charitable organization for conservation purposes even though the purchase funds for such sale are held in a sinking or similar fund, as required by state law.