06-11-19 CCALT: Important Conservation Legislation

Governor Polis signing HB 19-1264 into law.

CCALT: Important Conservation Legislation

We are pleased to report that on Monday, June 3rd, Governor Polis signed House Bill 19-1264 (Conservation Easement Tax Credit Modifications) into law in Salida, Colorado. The ceremony was a culmination of an exhaustive multi-year process to extend critical regulatory components of Colorado’s innovative conservation easement tax credit program. House Bill 1264 passed with broad bi-partisan support: 30-5 in the Senate and 50-14 in the House. The bill is a huge win for conservation in Colorado. The main highlights of the bill are:
  1. Extends critical oversight mechanisms of the tax credit program for 7 years.
  2. Increases the tax credit cap per transaction up to $5 million.
  3. Creates a working group process to evaluate three issues and make recommendations back to the legislature for consideration in 2020. The three issues the working group will evaluate are alternative valuation, orphaned easements, and relief for landowners impacted by appraisal overvaluation.

Representative Dylan Roberts discussing the impacts of HB 19-1264. Roberts, along with Senator Kerry Donovan, Senator Faith Winter, and Representative Jim Wilson were key advocates in moving this bill forward.

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Save the Date: CCALT’s 2019 Forever BBQ is July 13th at the Steel Ranch in Buena Vista!

Spring has sprung! The Colorado Cattlemen’s Agricultural Land Trust (CCALT) is in the midst of a busy spring and gearing up for an even busier summer. We are excited to announce that the date and location of our 2019 Forever Colorado BBQ have been selected. We hope to see all of you at the Steel Ranch in Buena Vista, Colorado on Saturday, July 13th!
Buena Vista and Salida are both very busy during the summer months, so if you plan to stay overnight following the BBQ we recommend making room reservations as soon as possible.
For more information on the 2019 Forever Colorado BBQ visit www.ccalt.org or contact Jayne at Jayne@ccalt.org or 720.557.8264.
About the Steel Ranch
CCALT partnered with the Steel family and The Trust for Public Land to conserve the Steel ranch in 2017. Located at the intersection of U.S. Highway 285 and U.S. Highway 24 just south of the Town of Buena Vista, the 186-acre ranch is one of Colorado’s most visible working landscapes. Conservation of the ranch was a lifelong dream of landowners, Ed and Geraldine Steel, and after Ed’s passing, Geraldine saw their dream through to fruition.
Hotel Reservations
Click here for a list of official CCALT room blocks and hotels.
Sponsorship & Event Underwriting Opportunities
Click here to download the 2019 sponsorship package.