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Recommendations For Conservation Easement Reform, Amy Murphy
Recommendations For Conservation Easement Reform, Amy Murphy
Environmental Studies Senior Seminar Projects
Virginia has a well-established easement program which offers landowners a state income tax credit in return for donating land rights such as development and subdivision rights. Currently, there are inefficiencies with easements which could be lessened with reform (Owley 2011, Rissman 2011). This paper proposes that Virginia establish statewide conservation priorities and switches from a flat rate credit for easement donations to a tiered system which provides greater incentives for easements on land with high conservation value (McLaughlin and Pidot 2013). Additionally, this paper proposes that Virginia require adaptive language in easement terms and standardizes monitoring procedures.
Poster session prepared …