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2009 SESSION

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SB 259 Land preservation tax credit; elimination of verification of conservation value.

Introduced by: R. Creigh Deeds | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Land preservation tax credit; elimination of verification of conservation value.  Eliminates Department of Conservation and Recreation verification of conservation value of land donations resulting in $1 million or more in tax credits if the grantee for the donation is the Virginia Outdoors Foundation. Currently, as a condition of the issuance of a land preservation tax credit, the Department must verify the conservation value of donations that will result in $1 million or more in tax credits.


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