OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

IRS Data Reveals Daines' Bill would Protect Conservation Program, Save $1 Billion Taxpayer Dollars

Statement

Date: March 15, 2018
Location: Washington, DC
Issues: Environment

U.S. Senator Steve Daines today released the following statement after the Internal Revenue Service (IRS) released data showing that more than 1,500 investment advisers facilitated the erroneous payout of more than $1 billion in taxpayer dollars to their clients by manipulating a program intended to incentivize conservation.

Daines recently sponsored the bipartisan Charitable Conservation Easement Program Integrity Act, legislation that would crackdown on the 1,500 investment advisers whose actions threaten the long-term sustainability of the Charitable Conservation Easement Program, a critical conservation program used in Montana.

"Protecting and appreciating our outdoors is part of Montanans' DNA," said Daines. "We must ensure the integrity of our conservation programs is protected so that taxpayers are not taken an advantage of and future generations can enjoy our outdoors for years to come."


Source
arrow_upward