The Ebb & Flow

Congress votes to make tax incentives permanent

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On December 18, 2015, the Senate voted 65-33 to pass the bill that will make the tax incentive for conservation easement donations permanent. This follows a 318-109 vote in the House. This legislation represents a huge win for conservation and a recognition of the important role land trusts play in our community. Once signed into law the incentive will be applied retroactively to start Jan. 1, 2015. Today’s vote also reauthorized the Land and Water Conservation Fund for three years and increased its funding from $306 million last year to $450 million this year.

Mary Pope Hutson, former Land Trust Executive Director, was standing in the Senate gallery when the bill passed. She and her colleagues at LTA have worked tirelessly in support of permanence and this legislation marks a major moment in history. 

To read the Post and Courier coverage, click here: Conservation’s Congressional Boost

 

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