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HB10-1197: Gov. Ritter Signs Credit Limits on Easements

Gov. Bill Ritter on Thursday signed House Bill 1197, which sets a statewide limit of $26 million on conservation easement tax credits, The Durango Herald reports.

The Department of Revenue estimates the bill will save $37 million in the popular tax credit program. Land trusts have used the program to put more than 2 million acres of farm and ranch land off limits to development.

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