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Message: <blockquote data-quote="Fritz the Cat" data-source="post: 148580" data-attributes="member: 605">When a fed/gov agency puts forth a proposal, by law they have to hold public hearings all over the State to gauge support or interest. Slick Lloyd Jones (head of USFWS in ND) (retired) (yea) would MC the meetings. I attended the one in Bismarck concerning the Dakota Grasslands Conservation Area. Ninety percent of the people attending were against. Only two people in the room supported it. If and when they get serious, they will bring bodies to give the appearance that North Dakotan's support it. Of course they don't have the $588 million but if they ever get it that will be serious. Unwilling sellers can be bought. And selling/donating a conservation easement/conservation covenant/conservation restriction/conservation servitude has tax advantages.(H.R. 4 The Pensions Protection Act of 2006), in 2006 and 2007,  conservation easement donors were able to deduct the value of their gift  at the rate of 50% of their adjusted gross income (AGI) per year.  Further, landowners with 50% or more of their income from agriculture  were able to deduct the donation at a rate of 100% of their AGI. Any  amount of the donation remaining after the first year could be carried  forward for fifteen additional years (allowing a maximum of sixteen  years within which the deduction may be utilized), or until the amount  of the deduction has been used up, whichever comes first. With the  passage of the Farm Bill in the summer of 2008 these expanded federal  income tax incentives were extended such that they also apply to all  conservation easements donated in 2008 and 2009 and then this provision  was extended again to apply to donations in 2010 and 2011. The provision  has since expired and currently for 2012, conservation easement  donations may only be deducted at the rate of 30% of the donor's AGI and  after the first year the donor has a five-year carryforward.</blockquote>

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