Colorado Coalition of Land Trusts
“The Trinchera Blanca Foundation’s support of Colorado Coalition of Land Trusts’s policy work has been critical to developing our legislative strategy and leading statewide education efforts to reform the Colorado conservation easement transferable tax credit. These changes will incentivize conservation-minded landowners again to donate conservation easements and protect the beauty and agricultural heritage in Colorado.” – Amanda Barker, Executive Director
The Colorado Coalition of Land Trusts (CCLT) works to secure public support for increasing open space and ensure that conservation organizations have the knowledge and skills they need to conserve land in perpetuity. CCLT unites over 50 land trusts working to permanently preserve the state’s most cherished land and since their founding, these trusts have collectively preserved more than 2 million acres of open space in Colorado.
Conservation Easement Tax Credit Program
The Colorado Coalition of Land Trusts works to reform and uphold the state’s tax incentive for conservation easements to correct market inefficiencies that have developed over the past five years, appeal to more landowners, and increase the amount of land conserved through conservation easements in the state and specifically in the San Luis Valley.
There has been a recent rise in opposition against Colorado’s innovative tax program that allows the transfer of conservation easement income tax credits from landowners to taxpayers with Colorado income tax liabilities. As a result of opposition against the conservation easement tax credit program (due to misconceptions about the utility of the state providing tax credits for future conservation easements and the potential for abuse), Colorado Coalition of Land Trusts (CCLT) is working to educate the public about the importance of conservation easements and the conservation easement tax credit program in Colorado.
In 2015, CCLT worked to successfully pass Senate Bill 206, a tax incentivizing bill for private landowners interested in preserving their land by increasing the individual conservation easement tax credit in Colorado. In 2016, CCLT educated elected officials on the benefits of conservation easements through strategic partnerships and targeted media coverage. Reforms to the credit will increase the pace of conservation in Colorado (including the San Luis Valley), ease pressure on conservation funding sources, and help to ensure a bright future for conservation in Colorado.
Louis Bacon and The Trinchera Blanca Foundation support The Colorado Coalition of Land Trusts and their policy work.
Learn more about the Colorado Coalition of Land Trusts here.