Lawmaker Introduces Endangered Species Tax Bill
News Date March 20, 2007
Sen. Larry Crapo (R-Idaho) recently introduced legislation (S. 700) that would provide tax incentives to qualifying landowners who voluntarily contribute to the recovery of endangered species. The bipartisan legislation has sixteen coponsors and is supported by various agricultural, property rights, resource, hunting, and fishing groups. The Endangered Species Recovery Act (ESRA) ensures taxpayers are eligible for tax credits if they own habitat or incur costs to recover species and are a party to a qualifying agreement. (Contact: Charlie Ingram)