Is the Clean Water Act Polluted?

You know the big mud puddle that forms on your back 40 every time it rains? The Environmental Protection Agency might want to come inspect it. At least, that’s the concern of groups that oppose a law that would rewrite the 35-year-old Clean Water Act. Read more

Preserving Endangered Species for Profit

Who can save the Alabama red-bellied turtle? Maybe your accountant can. He or she will have a chance if Congress passes new legislation that would give tax breaks to landowners who act to preserve species like the Alabama red-bellied turtle, one of the creatures considered endangered by the U.S. Fish and Wildlife Service. Read more

Will Conservation Easement Tax Breaks Be Extended?

BY JOSEPH GUINTO
PUBLISHED MAY 2007

Act now or forever lose your easement. A tax break for conservation-related land donations-known as conservation easements-is about to expire. That is unless Congress does something about it.

The tax break, signed into law by President Bush in August 2006, vastly expanded the deductions landowners could get in exchange for donating their lands to trusts and surrendering the right to develop those lands. But unless the tax break is extended, it will only apply to lands donated in 2006 or 2007

Some landowner lobby groups are pushing hard for an extension, as are members of Congress, who note that the temporary tax deductions passed in 2006 added to the increasing popularity of conservation easements. The Land Trust Alliance, a Washington, D.C.-based interest group, reports that even before the new tax breaks went into effect, the total acreage of conservation easements under control of land trusts had skyrocketed. Acreage under easement increased 148 percent from 2000 to 2005, reaching 6.2 million acres at last count.

For landowners of moderate income, whom the 2006 bill was intended to help, a lot is at stake if the tax break is not extended. The government offers this example: Under the current law, if a rancher earning $50,000 a year on a ranch appraised at $2 million donated half his property to a conservation easement, he would be able to receive $800,000 in tax deductions over a maximum of 16 years. Once the law expires, the maximum tax break on the same donation would fall to $90,000 over a maximum of six years.

Numbers like that have inspired influential Democrats and Republicans in Congress to sponsor bills that would permanently extend the 2006 tax break.

End of the Conservation Reserve Program?

BY JOSEPH GUINTO
PUBLISHED APRIL 2007

With the Bush administration backing off on the Conservation Reserve Program (CRP), conservation and hunting groups fear the 22-year-old program once dubbed “Noah’s Arc for Wildlife” is a sinking ship.

Backers of the CRP, which pays farmers to plant soil-conserving grass and trees on land they might otherwise farm, call the program a boon to hunters, saying it has created millions of acres of new grasslands while dramatically increasing game bird populations.

But with demand for ethanol surging, corn prices more than doubling since 2005, the USDA is reducing the scope of the program. No new CRP contracts will be offered in the next two years, and the USDA is considering allowing some farmers to cancel existing contracts. That’s a bad idea, says Rob Olson, president of Delta Waterfowl, a North Dakota group that promotes conservation of waterfowl and hunter’s rights. Olson says changing the program could remove 28 million acres of the current 36 million acres in CRP by 2010. And, he argues, that CRP acreage isn’t even the best land to develop for corn production.

“It would be a mistake to start plowing these fragile soils,” Olson says.

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