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.