HB152 - Land preservation tax credit; increases threshold credit amount.

1 Co-Sponsor

Land preservation tax credit. Increases from $1 million to $1.5 million the threshold credit amount that triggers verification by the Department of Conservation and Recreation of the conservation value of a land donation. The bill exempts certain state agencies from the verification requirement unless the value of the credit claimed is greater than $2 million. Land preservation tax credit. Increases from $1 million to $1.5 million the threshold credit amount that triggers verification by the Department of Conservation and Recreation of the conservation value of a land donation. The bill exempts certain state agencies from the verification requirement unless the value of the credit claimed is greater than $2 million.