Congress·In Committee·H.R. 9398

Historic Preservation and Land Conservation Certainty Act

Settlement Option for Land Conservation Tax Disputes

15 days ago·View on Congress.gov·Read full text

This bill was recently introduced in the House and is currently being reviewed by the Committee on Ways and Means. It is in the early stages of the legislative process and is considered active. There are no upcoming votes scheduled at this time.

Legislative Progress

House

Senate

President

Law

Could go either way

This bill offers a way to clear hundreds of backlogged court cases, which both the IRS and taxpayers might want. However, it may face criticism if the settlement terms are seen as too soft.

Key Points

This bill creates a way for groups that donated land for conservation to settle long-running tax disputes with the IRS. Instead of spending years in court, these groups can choose to pay a specific settlement amount to close their cases and move on.
It applies to partnerships that claimed tax deductions for land donations before 2025 and are still being audited or investigated. This helps people who are stuck in legal limbo over how much their donated land was actually worth.
To settle, the group must pay the IRS a calculated amount based on the highest tax rate plus penalties. The bill limits the tax break to 2.5 times what the partners originally paid for the land, which prevents people from claiming massive, unrealistic deductions.
If some members of a group do not want to pay their share of the settlement, the IRS can collect from them directly. Those individuals will have to pay an extra 25% penalty on top of what they already owed for not participating in the group settlement.
The bill also makes it easier for historic buildings to qualify for tax credits. It simplifies the rules so that if a building is already listed as part of a historic district, it counts automatically without needing a special new certificate from the government.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Jun 23, 2026House

Referred to the House Committee on Ways and Means.

Jun 23, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

Historic Preservation and Land Conservation Certainty Act

Bill NumberHR 9398

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Ways and Means.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Analysis generated by AI. Always verify with official sources.