Mass Conservation Land Tax Credit Regulations


Final work on the Draft regulations for the new Massachusetts Conservation Land Tax Credit is in progress. Two public hearings were held in June and written testimony was accepted until June 27, 2011. You can view the draft regulations at the Executive Office of Energy & Environmental Affairs web site at www.mass.gov/envir under Land Use, Habitats and Wildlife, select Land Conservation, or obtained them by calling Tom Anderson at (617) 626-1013. 

 

NOTICE OPEN PUBLIC COMMENT PERIOD AND PUBLIC HEARINGS
CONSERVATION LAND TAX CREDIT PROGRAM
DRAFT REGULATIONS

 Notice is hereby given that the Massachusetts Executive Office of Energy & Environmental Affairs (EEA) under its authority pursuant to Chapter 509 of the Acts of 2008, and in conformance with M.G.L. Chapter 30A, will hold a public hearing on new regulations at 301 CMR 14.00 (Massachusetts Conservation Land Tax Credit Program)

Chapter 509 of the Acts of 2008 establishes a state income tax credit for landowners who voluntarily donate qualifying conservation land to a municipality, the state or a nonprofit conservation organization. Under the initiative, EEA must determine whether properties proposed for donation meet public interest standards for natural resource protection.  These regulations define interests in real property that are eligible for certification as a Qualified donation under M.G.L. c. 62, § (6)(p) and under M.G.L. c. 63, § 38AA. Eligible lands include those that protect drinking water supplies, wildlife habitat and scenic vistas.  (The Department of Revenue will also be promulgating regulations to implement this program at 830 CMR 62.6.4.) 

Written testimony will be accepted until 5:00 pm on Monday, June 27, 2011.  Written testimony should be submitted via email to the address thomas.anderson@state.ma.us or via regular mail to: Tom Anderson, Executive Office of Energy & Environmental Affairs, 100 Cambridge St., Suite 900, Boston, MA 02114.  Copies of the proposed regulations are available on the Executive Office of Energy & Environmental Affairs web site at www.mass.gov/envir under Land Conservation, or may be obtained by calling Tom Anderson at (617) 626-1013.