INHF Mark C. Ackelson Fellow Patrick Snell thanks Rep. David Loebsack for his support of the Conservation Easement Incentive Act.
The House has already voted to pass the incentive with all four of our U.S. representatives from Iowa in favor of the measure. This bipartisanship shows broad support for an act important to Iowa.
Snell and other land trust alliance advocates pay a visit to Sen. Chuck Grassley‘s office in Washington, D.C.
Now the bill awaits action from the Senate. Here are the rules the act would reinstate and make permanent:
- 50 percent: Deduction from income for landowners who donate a conservation easement (up from 30 percent)
- 100 percent: Maximum deduction from income for qualifying farmers and ranchers
- 15 years: Carry-forward period for deductions by donors with a voluntary conservation agreement (up from five years)
Contact our Iowa senators and encourage them to support S. 330, and check out these talking points.