Tax Credits Could Benefit Endangered Species -- Eventually
Endangered species don't pay taxes, but landowners do. A long-gestating proposal to offer tax credits to folks who help protect endangered species on their land could be one way to help inspire conservation efforts around the country.
If enacted, the Endangered Species Recovery Act of 2007 would offer landowners "tax credit on any land set aside in a perpetual protection agreement," according to a report in New Mexico's El Defensor Chieftain.
How close are we to this actually happening? Well, the bill was introduced to the U.S. Congress and Senate more than six months ago, and hasn't come up for debate or vote yet -- and similar bills have been introduced every year since 1997 -- so we'll see.
This might be an opportunity to contact your Representative to see if we can get some action on this effort after ten years of waiting.
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