State and federal tax policies can play a large role in advancing land conservation.
After years of hard work and persistence by the Land Trust Alliance, our land trust members and our allies on Capitol Hill — and in the face of well-resourced opposition — Congress finally passed the Charitable Conservation Easement Program Integrity Act as part of its year-end “omnibus” spending bill.
Tax incentives for land conservation offset part of the loss in property value when a landowner donates an easement, which makes conservation a viable option for many landowners. While tax incentives for voluntary private land conservation have proven to be successful, helping land trusts to protect more than 61 million acres nationwide, they have also led to major policy issues for our community.
In 2015, Congress enacted one of the most powerful conservation measures in decades: the enhanced federal tax incentive for conservation easement donations. The permanent conservation easement tax incentive is an important tool that helps Americans conserve their land voluntarily.
For land trusts across the country, the permanent incentive represents vastly increased opportunities to protect the special places in their widely varied communities.
If you own land with important natural, agricultural or historic resources, donating a conservation easement can be a prudent way to both save the land you love forever and to realize significant federal tax savings.Learn more
The Alliance will continue to work passionately to improve and advance tax policies that secure resources for land trusts and accelerates the pace of voluntary private land conservation. To that end, the following reflects our policy priorities when it comes to tax issues: