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HR10813

Historic Preservation and Land Conservation Certainty Act

Last scannedOct 19, 2026, 2:45 AM

In one sentence

This bill creates a 360-day window for partnerships to file a statement to resolve open tax issues related to conservation easement donations made in years ending before December 31, 2025.

Defines an 'eligible contribution' as a conservation easement donation claimed by a partnership in a taxable year ending on or before December 31, 2025.
Establishes a 360-day 'election period' starting on the date the bill is enacted for partnerships to file a statement to resolve open tax matters.
Allows partnerships to rely on reported tax deduction amounts unless they have actual knowledge that the amounts are incorrect.
Groups partnerships into a 'common marketing group' if the same principal organizer or manager was responsible for structuring or facilitating the donation plans.
Requires partnerships in a common marketing group to designate one partnership to act on behalf of the group for the tax resolution process.

Partnerships that claimed tax deductions for conservation easement donations in years ending before December 31, 2025.
Ultimate taxpayer partners who received the tax benefits from these deductions.
Principal organizers or managers who structured or facilitated the donation plans.

The bill has not been passed into law; it is currently with the House Committee on Ways and Means.
The provided text is truncated, so the specific effects of making the election and the full requirements for the election statement are not fully detailed in the source material.

Plain language

Conservation easement: A legal agreement that limits how land can be used to protect its natural or historic features, which may qualify for a tax deduction.
Open matter: A tax issue where the time limit for the IRS to assess tax has not expired, or where the IRS has issued a notice of review, examination, or proposed adjustment.
Common marketing group: A set of partnerships that used the same principal organizer or manager to solicit, structure, or facilitate their conservation easement donations.
Ultimate taxpayer partner: The person who actually receives the federal income tax benefit from the donation, even if the money passed through other business entities first.

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