Thanks for the reminder, Cindy. I was going to call last week...and forgot.
How are things at Hildebrand & Maddux, Pvt.Ltd.? I hope you're both
well, and doing lots of good!
--Bill
Quoting Cindy Hildebrand <[log in to unmask]>:
> A new proposed state conservation tax credit needs support. The
> information below is for anyone who might be interested.
>
> The Iowa Legislature passed the tax credit this year, with bipartisan
> support, for landowners who donate easements or land for
> conservation purposes.
> Now it is part of a budget bill. Governor Culver can sign the bill with the
> tax credit included, but he also has the power to item-veto tax
> credits out of
> the bill.
> This kind of tax credit is already offered by twelve other states. Those
> states have seen significant increases in landowner donations as a result.
> If you want to support the credit, please contact the Governor's office as
> soon as possible. You can use their email form at the address
> below, or phone
> the Office of the Governor at 515-281-5211.
> _http://www.governor.iowa.gov/administration/contact/_
> (http://www.governor.iowa.gov/administration/contact/)
> Here's one sample message, but please use your own words:
> Dear Governor Culver and Lt. Governor Judge,
> Please support the Conservation Tax Credit in HF 2700. This credit will
> reward landowners who donate land or conservation easements, and
> will encourage
> more donations.
> We need more protected land in Iowa, for the sake of recreation, water
> quality, and wildlife. This kind of credit has increased land
> donations in other
> states, and is especially helpful to landowners with moderate incomes.
> The benefits of this tax credit will extend far into the future. At a time
> when more and more Iowa land is being put into rowcrops, it is especially
> needed. Please sign this credit into law, and thank you for your
> consideration.
> ***
> The factual information below is being supplied with the permission of the
> Iowa Natural Heritage Foundation, which has supported this tax
> credit from the
> beginning. Thank you, INHF.
> * Landowners will be able to receive an income tax credit for 50% of
> the fair market value of their contribution, up to $100,000 maximum
> credit. If
> their tax credit is larger than they can use in one year, they can carry the
> excess credit forward for up to 20 years.
>
> * The Iowa Natural Heritage Foundation has worked during 2007-08 to
> encourage passage of this tax credit. In our daily work with
> landowners, we see
> how important it can be to make land protection choices more affordable for
> Iowa landowners.
>
> * This state income tax credit was a top recommendation of the
> Sustainable Natural Resource Funding Advisory Committee - led by
> bi-partisan members
> of the Iowa legislature along with many of the state’s leading conservation,
> environmental, sportsmen, and agriculture advocates
> (_http://www.iowadnr.com/sustainablefunding/index.html_
> (http://www.iowadnr.com/sustainablefunding/index.html) )
>
> * In 2007 it was introduced and passed the Iowa Senate as Senate File
> 587. The same language was added to a larger budget bill in the
> Iowa House in
> the final days of this year’s legislative session. You can see the text of
> the new tax credit at
> _http://coolice.legis.state.ia.us/Legislation/82ndGA//Bills/SenateFiles/Introduced/SF587.html_
> (http://coolice.legis.state.ia.us/Legislation/82ndGA/Bills/SenateFiles/Introduced/SF587.html)
> .
>
>
> Thanks for your interest and help!
>
>
> Cindy Hildebrand
> [log in to unmask]
> Ames, IA 50010
>
> "That we find a crystal or a poppy beautiful means that we are less alone,
> that we are more deeply inserted into existence than the course of a single
> life would lead us to believe." (John Berger)
>
>
>
>
>
> **************Wondering what's for Dinner Tonight? Get new twists on family
> favorites at AOL Food.
> (http://food.aol.com/dinner-tonight?NCID=aolfod00030000000001)
>
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