Legislation will help land trusts
Editor,
In a strong bipartisan action, the Senate voted 65-33 today to pass the bill that will make the tax incentive for conservation easement donations permanent. This follows yesterday’s 318-109 vote in the House.
This legislation has been a priority for the Land Trust Alliance for a decade, and it represents a huge win for conservation, for landowners and for the land trust community. Once signed into law, the incentive will be applied retroactively to start Jan. 1, 2015.
Today’s vote also reauthorized the Land and Water Conservation Fund for three years and increased its funding from $306 million last year to $450 million this year.
Thank you to all who reached out to legislators to educate them about both the importance of this incentive and the critical role that land trusts play in communities across the country. And thank you to all those on Capitol Hill who are champions of conservation and this legislation.
Note: The bill also makes permanent the fix that allows “S” corporations to deduct the full fair market value of charitable contributions, and renews the IRA rollover (so your donors over 70.5 can contribute from their IRA’s. The Department of Interior got a 6 percent hike in overall funding, and they are ecstatic about it.
Russ Shay,
Director of Public Policy, Land Trust AllianceEd
Editor,
In a strong bipartisan action, the Senate voted 65-33 today to pass the bill that will make the tax incentive for conservation easement donations permanent. This follows yesterday’s 318-109 vote in the House.
This legislation has been a priority for the Land Trust Alliance for a decade, and it represents a huge win for conservation, for landowners and for the land trust community. Once signed into law, the incentive will be applied retroactively to start Jan. 1, 2015.
Today’s vote also reauthorized the Land and Water Conservation Fund for three years and increased its funding from $306 million last year to $450 million this year.
Thank you to all who reached out to legislators to educate them about both the importance of this incentive and the critical role that land trusts play in communities across the country. And thank you to all those on Capitol Hill who are champions of conservation and this legislation.
Note: The bill also makes permanent the fix that allows “S” corporations to deduct the full fair market value of charitable contributions, and renews the IRA rollover (so your donors over 70.5 can contribute from their IRA’s. The Department of Interior got a 6 percent hike in overall funding, and they are ecstatic about it.
Russ Shay,
Director of Public Policy, Land Trust AllianceEd
Heartfelt thank you to community
I would like to thank our friends, the Ocean Pines Bicycle Group, along with the Ocean Pines Board of Directors. Your kindness and support after the recent passing of my wife has been greatly appreciated.
A heartfelt thank you to everyone. May you have a joyous Christmas.
Roloof “Dutch” Oovesteen, Ocean Pines
A heartfelt thank you to everyone. May you have a joyous Christmas.
Roloof “Dutch” Oovesteen, Ocean Pines