An early Christmas present! Congress makes tax incentives for donated conservation easements PERMANENT!

The beauty of the Rockin’ K Ranch on full display.

In a strong bipartisan action, the Senate and House voted late last week on a broad, year-end tax deal that will make the enhanced tax incentive for donations of conservation easements permanent!

This is a tremendous victory for land trusts and private lands conservation efforts across the country, but especially in Texas where over 95 percent of the land is held in private ownership.

Farmers, ranchers and the public will directly benefit from the incentive that encourages landowners to place a conservation easement on their land to protect important natural, scenic and historic resources.

Simply put, the conservation easement tax incentive will enable Texas to enter into a new era of conservation!

And, once signed into law, the incentive will be applied retroactively to start Jan. 1, 2015. 

Connemara is proud to have been was among the 1,100 land trusts to support the incentive through a collaborative, multi-year campaign. And Thank You! to all who reached out to legislators to educate them about the importance of this incentive. And thank you to Senator Cornyn, and the 28 Texas Representatives  who supported this legislation.

 

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Site last updated March 30, 2020 @ 5:43 pm; This content last updated May 2, 2016 @ 7:13 am