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A bill to extend and expand Colorado’s Conservation Easement Tax Credit was introduced in the State Senate. Senate Bill 126 aims to build upon the immense success of the tax credit program by eliminating the expiration dates of the Conservation Easement Oversight Commission and the Certified Holder program. It also proposes to raise the tax credit cap to $75 million to meet the current demand and expand the state's conservation reach.
Keep It Colorado will spend 2023 focusing on policy priorities that will build more bipartisan support for conservation and pave the way for reauthorizing the tax credit program in a future year. Keep It Colorado will remain active at the Colorado State Capitol and in Washington D.C., continuing to promote existing conservation tools and look for new opportunities to increase investments in conservation.
Keep It Colorado will spend 2022 focusing on policy priorities that will build more support for conservation, and specifically private lands conservation. Keep It Colorado will remain active at the Colorado State Capitol and in Washington D.C., continuing to promote existing conservation tools and look for new opportunities to increase investments in conservation. Read about our 2022 policy priorities at the state and federal levels.
On June 30, 2021, Governor Polis signed Conservation Easement Tax Credit Modifications (HB21-1233) into law. The legislation helps to accelerate land conservation in a state threatened by the ongoing climate crisis and population growth, and ensure that the state’s conservation easement tax credit program functions more effectively and efficiently.
Keep It Colorado’s bill, HB1233 – Conservation Easement Enhancement and Rural Stimulus Act, passed in the Senate on June 7. This bill accomplishes some key policy priorities that will help increase the pace of land conservation and ensure that the conservation easement tax credit program functions as effectively and efficiently as possible.
It has been a busy beginning of the state legislative session! We’ve successfully seen the introduction and progress of the Working Group Bill – SB20-135.
SB20-135 was introduced in the Senate. The bill was drafted to reflect the HB19-1264 Working Group recommendations. A hearing is scheduled for Feb. 13.
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