Referred to the House Committee on Ways and Means.
This bill amends the Internal Revenue Code to exclude from gross income any gain from the sale of a qualified real property interest to a qualified organization when the sale is made under the Department of Defense REPI program (10 U.S.C. 2684a). It defines qualified real property interests (including entire interests, remainder interests, and perpetual use restrictions), treats retained non-surface-access mineral rights specially, limits certain pass-through entity uses with a three-year anti-flip rule, and exempts family-controlled pass-throughs.
Liberals emphasize conservation and readiness benefits
Technically narrow and likely to attract bipartisan supporters (defense and conservation), so relatively modest resistance in the House.
This bill amends the Internal Revenue Code to exclude from gross income any gain from the sale of a qualified real property interest to a qualified organization when the sale is made under the Department of Defense REPI program (10 U.S.C. 2684a).
It defines qualified real property interests (including entire interests, remainder interests, and perpetual use restrictions), treats retained non-surface-access mineral rights specially, limits certain pass-through entity uses with a three-year anti-flip rule, and exempts family-controlled pass-throughs.
The change applies to taxable years beginning after enactment.
Content is narrow and bipartisan-appealing, improving odds, but revenue exclusion and procedural barriers in the Senate reduce standalone prospects.
How solid the drafting looks.
Liberals emphasize conservation and readiness benefits
These are examples from the analysis, not a ranked list of the most-affected groups.
Liberals emphasize conservation and readiness benefits
Likely broadly supportive because the bill uses tax policy to promote conservation and military readiness via REPI partnerships.
Concerns would focus on equity, public accountability, and ensuring benefits flow to communities, not just wealthy sellers.
May request stronger transparency, public-interest requirements, or guardrails against abuse.
Generally favorable as a narrowly targeted, administratively simple tax change supporting military readiness and conservation.
Views it as reasonable but wanting fiscal estimates, anti-abuse clarity, and oversight.
Likely to support with modest transparency and scoring conditions.
Cautious or somewhat opposed because it creates a new capital-gains tax exclusion, reducing federal revenue and expanding tax preferences.
May accept the idea if strictly framed as necessary for military readiness, but will want offsets and tight limits on federal involvement in land use.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Content is narrow and bipartisan-appealing, improving odds, but revenue exclusion and procedural barriers in the Senate reduce standalone prospects.
The bill has not accumulated any surfaced votes yet.
Liberals emphasize conservation and readiness benefits
Content is narrow and bipartisan-appealing, improving odds, but revenue exclusion and procedural barriers in the Senate reduce standalone p…
Pro readers get the full perspective split, passage barriers, legislative design review, stakeholder impact map, and lens-based policy tradeoff analysis for Incentivizing Readiness and Environmental Protection Integrati…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.