| Deal eases threat to easement tax credits |
Grand Junction Daily Sentinel
March 10, 2010, Charles Ashby
Land trusts on the Western Slope and around the state that help property owners get conservation easements aren’t thrilled with a bill in the Colorado Legislature, but they’re not opposing it anymore, either.
That’s because state lawmakers reached a compromise with them. House Bill 1197 initially was intended to permanently lower by nearly two-thirds a cap on the tax credit allowed for each easement. Instead, the bill would cut by more than half the amount the state would pay, in the way of tax credits, for all easements over the next three years.
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