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Massachusetts pressured to expand conservation tax credit

A tax break for landowners who shield property from development has a nearly three-year wait because of a state cap that environmentalists say is undermining conservation efforts.  Landowners who set aside property under the state program can get income tax credits for 50 percent of their land's value. A landowner may claim up to $75,000 in tax credits, but the program is capped statewide at $2 million per year.  Environmental groups want to raise the limit to $5 million, if not eliminate it.

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Eagle Tribune
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