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Tax Incentives Renewed for Conservation Easements


May 23, 2008 - Congress passed legislation to renew the enhanced tax incentives for private landowners conserving their land through conservation easements.  The legislation, included in the Farm Bill, provides farmers, historic land owners, wildlife enthusiasts, recreational sportsmen and owners of lands with a variety of other benefits for conserving our state with an opportunity that is set to expire December 31, 2009.  This critical achievement would not have been possible without the hard work of The Land Trust Alliance and its coalition colleagues or without the support of Tennessee's delegation, the majority of who voted to renew these enhanced deductions.  This is a great victory for conservation in our state.  We cannot afford to miss this window - so please help spread the word.  

 

For more information, please visit The Land Trust for Tennessee's website at www.landtrusttn.org/news_taxbenefits.html or contact The Land Trust at (615) 244-LAND.