Making Permanent the Conservation Easement Tax Incentiveby Representative Ryan A. Costello
Posted on 2015-02-10
COSTELLO of Pennsylvania asked and was given permission to
address the House for 1 minute.)
Mr. COSTELLO of Pennsylvania. Mr. Speaker, I rise today because this
House has an important job to finish, one that involves providing some
certainty for our family farmers and property owners at all income
levels. It is the conservation easement legislation, which will make
the incentive permanent. It was sponsored in past sessions by over 300
Members of this House and by many Members in the Senate.
The conservation easement incentive has enabled property owners across the country to voluntarily preserve their land. In some cases, the availability of the tax credit means the difference between keeping a family farm or selling it. In my time as township supervisor and as county commissioner in Chester County, one of my top priorities was preserving farmland and natural resources, but it required the collaboration and the financial wherewithal of the landowner. The conservation easement legislation that we seek to make permanent will enable more of that to happen.
Organizations in my district, like the Berks County Conservancy, the Natural Lands Trust, the Brandywine Conservancy, and the French and Pickering Creeks Conservation Trust, have all been very, very helpful in making Berks, Chester, Lebanon, and Montgomery Counties great places to live and raise a family. Families cannot make long-term decisions with short-term extensions about what is probably their most important, valuable assets. So let's finish our job, Mr. Speaker, and commit to making this the year we make permanent the Federal conservation easement tax incentive.