For those interested in open space preservation, here’s a story I produced this week on WFAE:
Congress last week approved a bill that makes tax incentives permanent for agreements that conserve land and preserve open space. Lands conservancies are calling it the most important legislation in decades for their movement.
Since 2006, landowners have been allowed to take tax deductions for donating land or granting conservation easements – promises not develop their land. That’s been an incentive for property owners to work with local lands conservancies, the non-profit groups that manage conservation deals.
LINK: Dec. 22, 2015, WFAE.org, “Land Trusts Say Permanent Tax Incentives Will Spur Conservation”