Massachusetts’ Conservation Land Tax Credit (CLTC) program offers an incentive for landowners who donate land for conservation purposes. CLTC is long overdue for a funding expansion that would allow for a larger number of these credits to be offered.
The House version of the state budget passed earlier this spring included that funding increase, proposing to raise the cap on CLTC from $2 million to $5 million over the next three years. Now, a conference committee is settling the differences between the House and Senate budget versions, and are expected to report out their own version on Wednesday for the Governor’s approval.
You can help CLTC get its funding! Please contact your legislator, and ask them to urge budget conference committee members to keep the CLTC increase in the budget.