Daily Tax Update - July 18, 2013: Philadelphia Next Stop on Tax Reform Tour

Philadelphia Next Stop on Tax Reform Tour:  Senate Finance Committee Chairman Max Baucus and House Ways and Means Chairman Dave Camp plan to visit Philadelphia on July 29.  The chairmen will visit with small businesses as part of their nationwide tax reform tour.

Tax Bills Introduced July 17:

1.[113rd] H.R.2713 : To amend the Internal Revenue Code of 1986 to exclude from gross income gain from the sale or grant of conservation easements and to allow the sale or grant of conservation easements in the case of the special estate tax valuation provisions for certain farm and other trade or business real property.
Sponsor: Rep Meadows, Mark [NC-11] (introduced 7/17/2013)      Cosponsors (None) 
Committees: House Ways and Means 
Latest Major Action: 7/17/2013 Referred to House committee. Status: Referred to the House Committee on Ways and Means.


2. [113rd] H.R.2714 : To amend the Internal Revenue Code of 1986 to allow taxpayers to assign to another taxpayer the amount of the unused charitable deduction for qualified conservation contributions.
Sponsor: Rep Meadows, Mark [NC-11] (introduced 7/17/2013)      Cosponsors (None) 
Committees: House Ways and Means 
Latest Major Action: 7/17/2013 Referred to House committee. Status: Referred to the House Committee on Ways and Means.


3. [113rd] H.R.2715 : To amend the Internal Revenue Code of 1986 to include biomass heating appliances for tax credits available for energy-efficient building property and energy property.
Sponsor: Rep Michaud, Michael H. [ME-2] (introduced 7/17/2013)      Cosponsors (1) 
Committees: House Ways and Means 
Latest Major Action: 7/17/2013 Referred to House committee. Status: Referred to the House Committee on Ways and Means.


4. [113rd] H.R.2716 : To amend the Internal Revenue Code of 1986 to provide for offsetting certain past-due local tax debts against income tax overpayments.
Sponsor: Rep Moran, James P. [VA-8] (introduced 7/17/2013)      Cosponsors (None) 
Committees: House Ways and Means 
Latest Major Action: 7/17/2013 Referred to House committee. Status: Referred to the House Committee on Ways and Means.