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May 15, 2008

2008 Farm Bill Conservation Provisions

The $307 billion 2008 Federal Farm Bill is heading for the President's desk with veto proof majorities in the House (318-106) and Senate (85-15).  More than 2/3 of this amount ($209 billion) is for food stamps and other nutrition programs, compared with $35 billion for agricultural commodities.   Others will parse the wisdom or folly of this pile of pork and priorities, but here is what it holds for conservationists:

Conservation program spending increased by $6.6 billion;

Extends for 2 years the tax incentive for conservation easement donations retroactive to Jan 1, 2008 (which generally means a 50% reduction in AGI tax liability with up to 15 years to carry over the balance of the gift or bargain sale of a conservation easement).
Doubles funding for Farm and Ranchland Protection Program (more than $1 billion over 5 years, an increase of $560 million over the previous Farm Bill) to protect agricultural lands from urban and suburban development pressure;

Increases funding for Environmental Quality Incentives Program and Conservation Stewardship Program to enhance and protect our natural resources;

Continues funding for Grassland Reserve and Wetlands Reserve programs, increasing by 1.22 million acres the authorization for enrollment in the Grassland program with increased rolls for non-profits;

Creates an Open Fields Program to encourage public access to private land for hunting and fishing as well as a Chesapeake Bay program to help restore and protect the Bay watershed;
Creates a Community Forest and Open Space Conservation Program that will provide federal 50/50 matching grants to local governments and qualified non-profit organizations across the country to acquire forests and open spaces for local ownership and management.
A new qualified forest bond provision that would protect large forest ownerships near national forests.
None of the three senators running for president voted.  Nor did Ted Kennedy. If Congress votes to override the President's expected veto, it would be just the second time in his presidency that it has chosen to do so.

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Listed below are links to weblogs that reference 2008 Farm Bill Conservation Provisions:

» Why Now Is The Right Time For Rethinking American Agriculture? from My Greenpeace Buddies
In order to educate yourself on the new farm bill you can listen or read to it here In the context of the effort to create a sustainable agriculture it is really important to remember that any decision has impact not only on the American people but on... [Read More]

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