Incentives for Conservation Easements Extended
May, 2008 Congress enacted the Farm Bill that renews
the increased tax incentive for donations of conservation
easements that expired on January 1 of this year.
By a vote of 81 to 15 in the Senate and 318 to 106
in the House, a 2-year extension of the enhanced incentive
for conservation easements was approved in the new
Farm Bill. The extension is retroactive to the beginning
of this year.
organizations, including the Mississippi Land Trust,
worked hard for a permanent extension of the tax incentive.
extended tax incentive will allow the Mississippi
Land Trust to continue working with landowners to
preserve the natural beauty and aesthetic values of
the state’s unique rivers and streams. Photo
by Wild Exposures - Michael Kelly.