Proposed Tax Credit for Landowners Protecting National Scenic Trails

Where This Stands

Introduced

Committee

Floor Vote

Passed

Signed

Currently IN_COMMITTEE. The next step in the legislative lifecycle is Floor Vote.

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

The Frame

What this does

If passed, this bill would provide a direct financial incentive for private landowners to permanently protect land along federally designated National Scenic Trails, potentially accelerating the completion of trail networks.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Private landowners

Landowners with property along National Scenic Trails may receive a tax credit for donating conservation interests.

Department of the Interior

The Secretary of the Interior is mandated to conduct a study and report to Congress on the credit's efficacy.

What changed

Current stage: IN_COMMITTEE.

What's next

Floor Vote.

Summary

This bill proposes a new federal income tax credit for landowners who donate property interests that include parts of a National Scenic Trail. The credit would equal the of the donated land, helping to encourage the preservation of trail corridors across the country.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who is eligible for this tax credit?

Taxpayers who make a of real property that includes a National Scenic Trail or its designated corridor.

Can I still use my land for farming if I claim this credit?

Yes, the bill allows for continued recreational or agricultural use, provided that such use does not impair the conservation interests of the land.

What happens if the tax credit is more than what I owe in taxes?

The bill allows you to carry forward any unused portion of the credit for up to 10 years.

Why It Matters

If passed, this bill would provide a direct financial incentive for private landowners to permanently protect land along federally designated National Scenic Trails, potentially accelerating the completion of trail networks.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Related Legislation

Federal Bill85% related

Educational Choice for Children Act of 2024

This bill creates a federal tax credit for individuals who donate to nonprofit organizations that provide private school and educational scholarships

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Incentivizing Trail Completion

The bill explicitly links tax policy to the completion of the National Trails System, shifting from general conservation to specific corridor preservation.

National Trails System Act

Connected Entities

otherNational Scenic Trails“The subject of the tax credit.”Map →

personMs. Warren“Senator sponsoring the bill.”Map →

bill_numberInternal Revenue Code of 1986“The law being amended.”Map →

personMr. Blumenthal“Senator sponsoring the bill.”Map →

personMr. Murphy“Senator sponsoring the bill.”Map →

organizationSenate“The legislative body introducing the bill.”Map →

organizationCommittee on Finance“The committee reviewing the bill.”Map →

Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz15
Current news / social attention level