News release: “…Congressmen Mike Thompson (D-CA) and Eric Cantor (R-VA) introduced the Conservation Easement Incentive Act, H.R. 1831. This bill will aid in the protection of millions of acres of the nations agricultural lands and open spaces. H.R. 1831 makes permanent an expiring incentive that allows modest-income landowners to receive significant tax deductions for donating conservation easements that permanently protect important natural or historic resources on their lands…If current development trends continue in California, another two million acres will be paved over by 2050. Its time we made these protections permanent. By making sure that landowners can count on these enhanced tax benefits, well take a big step forward in preserving our agricultural lands and keeping our environment safe from overdevelopment.
Sorry, comments are closed for this post.