Fighting Hunger Incentive Act of 2014

Floor Speech

Date: July 17, 2014
Location: Washington, DC
Issues: Taxes

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Mrs. LUMMIS. Mr. Speaker, I rise to support the Conservation Easement Incentive Act as well. Conservation easements are a cost-effective way of protecting valuable open space and farm and ranch land in the West, including in my home State of Wyoming.

Mr. Speaker, easement conservation is an alternative to government landownership and allows our local land stewards to continue the best management practices on private land.

The expiration of enhanced tax incentives for landowners discourages modest-income and working ranchers and farmers from participating in a program to permanently protect their land resources and their way of life. While these enhanced tax deductions have been extended multiple times, their on-again, off-again eligibility makes business and tax planning difficult for donors, especially since they are often delayed by the Federal Government's timeline.

Mr. Speaker, conservation easements leverage ranchers' and farmers' love of their land and allows them to maintain operations that are beneficial not only for agriculture, but for habitat, recreation, and our landscapes.

Mr. Speaker, I urge support of this bill. I thank the gentleman from Michigan, the Ways and Means Committee chairman, for this time.

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