Tax incentive for conservation protections

Congress just renewed a tax incentive for private landowners who protect their land with a voluntary conservation agreement. The incentive, which had expired at the end of 2009, helped local land trusts to work with willing landowners in our community to conserve thousands of acres of productive agricultural lands and natural areas between 2006 and 2009.

Conservation-minded landowners now have until Dec. 31, 2011, to take advantage of a significant tax deduction for donating a voluntary conservation agreement to permanently protect important natural or historic resources on their land. When landowners donate a conservation easement they maintain ownership and management of their land and can sell or pass the land on to their heirs, while foregoing future development rights.

The enhanced incentive applies to a landowner’s federal income tax.

• It raises the deduction a donor can take for donating a voluntary conservation agreement from 30 percent of their income in any year to 50 percent.

• It allows farmers and ranchers to deduct up to 100 percent of their income.

• It increases the number of years over which a donor can take deductions from six to 16 years.

Conservation agreements have become an important tool nationally for protecting watersheds, farms and forests, increasing the pace of private land conservation by a third — to more than a million acres a year.

Bills to make this incentive permanent had 274 House and 41 Senate cosponsors from all 50 states, including majorities of Democrats and Republicans in the House. This legislation was supported by more than 60 national agricultural, sportsmen’s and conservation organizations.

Lawrence Power is president of the Sharon Land Trust.

Latest News

Robert J. Pallone

NORFOLK — Robert J. Pallone, 69, of Perkins St. passed away April 12, 2024, at St. Vincent Medical Center. He was a loving, eccentric CPA. He was kind and compassionate. If you ever needed anything, Bob would be right there. He touched many lives and even saved one.

Bob was born Feb. 5, 1955 in Torrington, the son of the late Joesph and Elizabeth Pallone.

Keep ReadingShow less
The artistic life of Joelle Sander

"Flowers" by the late artist and writer Joelle Sander.

Cornwall Library

The Cornwall Library unveiled its latest art exhibition, “Live It Up!,” showcasing the work of the late West Cornwall resident Joelle Sander on Saturday, April 13. The twenty works on canvas on display were curated in partnership with the library with the help of her son, Jason Sander, from the collection of paintings she left behind to him. Clearly enamored with nature in all its seasons, Sander, who split time between her home in New York City and her country house in Litchfield County, took inspiration from the distinctive white bark trunks of the area’s many birch trees, the swirling snow of Connecticut’s wintery woods, and even the scenic view of the Audubon in Sharon. The sole painting to depict fauna is a melancholy near-abstract outline of a cow, rootless in a miasma haze of plum and Persian blue paint. Her most prominently displayed painting, “Flowers,” effectively builds up layers of paint so that her flurry of petals takes on a three-dimensional texture in their rough application, reminiscent of another Cornwall artist, Don Bracken.

Keep ReadingShow less
A Seder to savor in Sheffield

Rabbi Zach Fredman

Zivar Amrami

On April 23, Race Brook Lodge in Sheffield will host “Feast of Mystics,” a Passover Seder that promises to provide ecstasy for the senses.

“’The Feast of Mystics’ was a title we used for events back when I was running The New Shul,” said Rabbi Zach Fredman of his time at the independent creative community in the West Village in New York City.

Keep ReadingShow less