IL SB 2281, the Land Conservation Incentives Act, creates a new Illinois income tax credit to reward private landowners who permanently protect land for conservation, open space, and related purposes. For tax years beginning on or after January 1, 2025, a taxpayer who donates a “qualified real property interest” (such as a conservation easement or similar permanent restriction) for defined conservation or preservation purposes can claim a state income tax credit equal to the fair market value of the donated interest, up to a maximum of 200,000 per year. The bill lays out eligibility rules, bars double‑dipping with similar credits for the same project, and clarifies how credits from pass‑through entities (like partnerships, LLCs, trusts, and S‑corps) can be used either at the entity level or by owners in proportion to their interests, but not both. It directs the Departments of Revenue and Natural Resources to define “qualified real property interest,” set procedures, and report on protected lands so the General Assembly can track conservation outcomes.
Why It Matter to MAHA
The Make America Healthy Again Movement supports IL SB 2281 because permanently conserving open space, farmland, forests, wetlands, and other natural areas underpins a healthier food and living environment. By financially rewarding landowners who protect working lands and natural ecosystems instead of selling them for development, the credit helps safeguard local agriculture, water quality, and outdoor recreation spaces that MAHA views as essential to long‑term nutrition and physical activity. Keeping more land in conservation and sustainable production strengthens regional food systems and preserves access to clean air, clean water, and nature—foundations for healthier communities and future generations.