Chesapeake Bay Journal: Critical tool to protect farmland, open spaces in jeopardy - June 2005

Chesapeake Bay Journal: Critical tool to protect farmland, open spaces in jeopardy - June 2005: "Critical tool to protect farmland, open spaces in jeopardy

By Scott Faber
Congressional tax policy experts have proposed to sharply limit tax deductions for farmland easements, eliminating a powerful tool to curb the conversion of farmland into development.
If enacted, the recommendations of the professional staff of the Congressional Joint Committee on Taxation would stymie efforts to reach a goal set by Bay watershed officials and advocates-to protect one-fifth of the farmland and other open spaces in the Bay watershed from development by 2010. "