Tax Credit for Trail Conservation: Incentives for Landowners.
This law introduces a new tax credit for landowners who donate or protect parts of their property along National Scenic Trails. Citizens making such a conservation contribution can receive a tax credit equal to the fair market value of the donated land interest. The goal is to incentivize the completion and expansion of the national trail system across the US while providing financial support to landowners.
Key points
Landowners can receive an income tax credit for donating land or conservation easements along National Scenic Trails.
The credit equals the fair market value of the contributed property interest and can be carried forward for up to 10 years if unused immediately.
Continued use of the land (such as for recreation or agriculture) is permitted, provided it does not harm significant conservation interests.
Expired
Citizen Poll