Hans Neuhauser, Executive Director of the Georgia Land Conservation Center, will retire at the end of the year. Hans’ fifty-year career as a conservation advocate includes 20 years with the Georgia Conservancy, two years at the University of Georgia’s Institute of Community and Area Development and 21 years with the Georgia Land Conservation Center. Hans has decided to retire and focus his attention on several writing projects and volunteer work for several nonprofits. After GEPI closes on Dec. 31, Hans can be reached at firstname.lastname@example.org
On May 3, Governor Deal signed HB 1014 which extended the Conservation Tax Credit Program for an additional five years to December 31, 2021. DOR has now published a proposed amendment to the current rule to implement the new law at: https://dor.georgia.gov/documents/proposed-rule-560-7-8-50- conservation-tax-credit. Comments on the proposed rule are due by October 24 (see below for commenting details).
Changes to the current rule include (1) how to claim the tax credit; (2) how to transfer tax credits; and (3) sunset date. The proposed rule does not address how a donor/taxpayer is to know when the $30 million annual programmatic cap is about to be exceeded; tax credit claims received after the cap has been reached are denied and cannot be submitted for reconsideration (see rule section 8 (d) and (e).
DOR plans to adopt the proposed rule at 10:00 am on October 24 at DOR’s headquarters, Suite 15300, 1800 Century Blvd NE, Atlanta 30345-3205. Comments must be received by then. You can mail your comments to the Commissioner at the above address or you can send them electronically to email@example.com. You can also fax your comments to 404-417-2293. Please reference “Notice Number IT-2016-&” on all comments.