Virginia Budget Bill Extends Land Preservation Tax Credit Sunset to 2023

Monday, November 23, 2020 - 8:45AM

A provision in Virginia’s 2020-2022 biennium budget extends the sunset date for the state’s land preservation tax credit to 2023. The provision retains the $20,000 annual cap on the credit that had expired Jan. 1, 2020. The extension went into effect Nov. 18.

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