Read twice and referred to the Committee on Finance.
This bill creates a new Internal Revenue Code section excluding from gross income any gain from the sale of certain real property interests to qualified organizations when the sale is made under the Department of Defense Readiness and Environmental Protection Integration (REPI) program. It defines eligible property interests (entire interest, remainder interest, perpetual use restrictions), treats retained mineral interests specially, limits the exclusion for recent acquisitions by pass-through entities, provides a family partnership exception, and applies to taxable years after enactment.
Budget impact concerns versus readiness and conservation benefits
Relative to its intended legislative type, this bill clearly accomplishes a specific tax-code change by adding an exclusion for gains from certain REPI-related property sales and integrates that change into the Internal Revenue Code with defined terms and some limitations.
This bill creates a new Internal Revenue Code section excluding from gross income any gain from the sale of certain real property interests to qualified organizations when the sale is made under the Department of Defense Readiness and Environmental Protection Integration (REPI) program.
It defines eligible property interests (entire interest, remainder interest, perpetual use restrictions), treats retained mineral interests specially, limits the exclusion for recent acquisitions by pass-through entities, provides a family partnership exception, and applies to taxable years after enactment.
Content is narrow and non-ideological so it can attract bipartisan support, but as an unfunded tax exclusion it usually needs inclusion in larger legislation to enact.
Relative to its intended legislative type, this bill clearly accomplishes a specific tax-code change by adding an exclusion for gains from certain REPI-related property sales and integrates that change into the Internal Revenue Code with defined terms and some limitations. It omits fiscal disclosure, detailed administrative procedures, and explicit reporting or recapture mechanisms.
Budget impact concerns versus readiness and conservation benefits
These are examples from the analysis, not a ranked list of the most-affected groups.
Budget impact concerns versus readiness and conservation benefits
Likely supportive overall because it promotes conservation and protects military training areas via incentives rather than mandates.
Concerned about lost federal revenue and whether benefits disproportionately favor wealthy landowners or private land trusts.
Would seek anti-abuse safeguards, reporting, and equity measures.
Views the bill as a narrowly targeted tax incentive linking defense readiness and conservation.
Generally favorable if budgetary impact is modest, but wants a CBO score, a clear anti-abuse mechanism, and possibly a sunset or offsets to limit long-term cost.
Mixed reception: supportive of measures that aid military readiness and reduce taxes, but wary of creating a new targeted tax expenditure funding land conservation via NGOs.
Concerned about federal favoritism, long-term revenue loss, and limits on private property rights imposed by conservation restrictions.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Content is narrow and non-ideological so it can attract bipartisan support, but as an unfunded tax exclusion it usually needs inclusion in larger legislation to enact.
The bill has not accumulated any surfaced votes yet.
Budget impact concerns versus readiness and conservation benefits
Content is narrow and non-ideological so it can attract bipartisan support, but as an unfunded tax exclusion it usually needs inclusion in…
Relative to its intended legislative type, this bill clearly accomplishes a specific tax-code change by adding an exclusion for gains from certain REPI-related property sales and integrates that change into the Internal…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.