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Breaking News:
Congress Renews Tax
Benefits for Preservation
March 1, 2010
The Acton
Conservation
Trust Applauds
Renewal of
Enhanced Tax
Incentives for
Landowners
The U.S.
Congress has
just renewed a
tax incentive
that helps all
of us
interested in
protecting
clean water,
natural areas
and family
farms.
The incentive,
which had
expired at the
end of 2009,
enhances the
federal tax
benefits for
landowners who
donate
voluntary
conservation
agreements
(also known as
conservation
easements or
restrictions).
These
agreements can
provide a
win-win
solution
for protecting
resources
important to
our community
while keeping
land
in productive
private
ownership.
Conservation-minded
landowners now
have until
December 31,
2011 to take
advantage of a
significant
tax deduction
for donating a
voluntary
conservation
agreement.
These
agreements,
often referred
to as
conservation
easements, are
donations of a
landowner’s
development
rights to
land, to
protect
specific
natural,
scenic or
historic
resources.
The landowner
continues to
own and manage
their land,
and continues
to pay local
taxes.
The public
gets
protection of
resources that
are an
important
heritage for
our community.
For more
details see
the Landowner
Factsheet
on this site
| The Acton Conservation Trust is a non-profit, non-governmental organization that can hold permanent conservation easements, accept gifts of land, accept tax-deductible gifts to be used for open space preservation and purchase land for conservation purposes. We also provide education to landowners about various options for preservation. ACT is one of more than 130 such organizations in Massachusetts, and is a member of the Massachusetts Land Trust Coalition and the national Land Trust Alliance. |
| Copyright © 2001-2011 by Acton
Conservation Trust. All rights reserved. Revised: March 24, 2011 |