Tax Credit for National Scenic Trail Conservation
This act introduces a new income tax credit for individuals who donate land for conservation, especially if it includes National Scenic Trails. This aims to encourage land preservation and expand the trail network, potentially increasing access to recreational areas for citizens.
Key points
New Tax Credit: You can get an income tax credit if you donate part of your property for conservation purposes, especially if a National Scenic Trail is located there.
Trail Support: The goal is to facilitate the creation and expansion of National Scenic Trails, which could increase outdoor recreation opportunities for everyone.
Effectiveness Study: The government will study how well this credit works and whether it should be expanded, for example, by making it refundable or transferable.
Status:
Expired
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