We have decided that our fearless leader, David Wooldridge, is much like the biblical character Joseph, who had a dream about something happening and then it occurred. Thankfully, David’s prediction from his dream had to do with the tax extender bill that passed the Senate Tuesday night and nothing to do with droughts. That all said, we are excited about the extender legislation, although it would have been better if the legislation extended the conservation easement incentives through the end of 2015 or, even better, made them permanent. We will continue to dream but will take what we can get.
The extender legislation, HR 5771, passed the Senate at 7:32 p.m. Tuesday night by a vote of 76-16. It is awaiting the President’s signature, and he is expected to sign it into law. The legislation can be seen here (see page 7, section 106 for the conservation easement extender).