Sec. 411. Modification of estate tax rules with respect to land subject to conservation easements
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Subparagraph
(B)of section 2031(c)(1) of the Internal Revenue Code of 1986 is amended by striking $500,000 and inserting $2,000,000 . Paragraph
(2)of section 2031(c) of the Internal Revenue Code of 1986 is amended by striking 40 percent and inserting 60 percent . The amendments made by this section shall apply to estates of decedents dying, and gifts made, after December 31, 2024.