COLT’s weekly land trust news
July 27th, 2015
A couple quick updates before today’s news and info:
Enhanced conservation easement tax incentive
Last week, the Senate Finance Committee marked up and passed a two-year extension of 52 expired or expiring tax deductions, including the enhanced conservation easement tax incentive. However, it does not look likely that the full Senate will take these up before their August recess. We’ll continue to keep you all posted as this moves forward.
Land and Water Conservation Fund
There has been some exciting movement in Congress over the last week to permanently reauthorize LWCF. The leadership in the Senate Energy and Natural Resource Committee approved on an approach to get to LWCF reauthorization. COLT is also tracking this and other actions in the Senate that will ensure LWCF is made permanent (and fully funded) before its sunset date of September 30th.
Finally, if you haven’t already filled out OWEB’s acquisitions program survey, please take a moment to offer them your feedback.
Have a great week,
P.S. I’ll be out on vacation next week, so the next Monday mailing will be on August 10th.