the trustees of reservations
On The Land
The Trustees of Reservations

Monday, February 27, 2012

One Thing Congress Agrees On: Land Conservation

Conservation Tax Incentive Championed by Majorities of Both Parties in House:  The Land Trust Alliance announced that over 300 U.S. Representatives, including nine members from Massachusetts (Representatives Olver, Neal, McGovern, Frank, Tsongas, Markey, Capuano, Lynch, and Keating) have co-sponsored the Conservation Easement Incentive Act. H.R. 1964 makes permanent a recently-expired tax incentive that helps organizations like The Trustees of Reservations work with modest income landowners to conserve important natural or historic resources in our community.

Many of the donors of Conservation Restrictions to TTOR have benefitted from this federal income tax deduction in the past, and we support the LTA's efforts to re-establish it going forward. Since the incentive expired at the end of 2011, landowners with modest incomes now receive little tax benefit from restricting what may be their family’s most valuable asset. By allowing donors to deduct a larger portion of their income over a longer period of time, H.R. 1964 will help thousands of family farmers, ranchers, and forest owners afford to conserve their land.

For more information on the tax incentive legislation visit the LTA website at   A broad coalition of sportsmen, outdoor enthusiasts, farmers, ranchers and national conservation groups are working together to make this incentive permanent in the 112th Congress.

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