Conservation banks are permanently protected lands that contain natural resource values. These lands are conserved and permanently managed for species that are endangered, threatened, candidates for listing, or are species-at-risk...  Click here to view the entire pamphlet.

In late 2009, Senator Mary Landrieu of Louisiana introduced tax legislation similar to H.R. 3609 introduced by Congressmen Melancon and Tanner. These bills would assure capital gains treatment of mitigation credit sales. It is outstanding that we now have bills pending in both the House and the Senate. When the House bill, H.R. 3609, was introduced, the Association asked its members to write letters of support to Members of Congress. Now that we have a Senate bill, S. 2876, we are again asking the NMBA members to speak out and be heard. Below is a long to S. 2876 and a template for a letter of support that you can use to write to your Senators. Please remember, that "your Senators" are the Senators from any State in which you do business, including have your offices or have any mitigation banks. If you have any questions about who or where to send your letter, let me know. Congratulations are due to many folks but particularly NMBA members RES for working so hard to get this tax legislation moving. We are continuing our efforts in DC to obtain additional support and move the bills forward. But you are the voters, you are the constituents, and your voice must be heard. Please write to your Senators, and send a copy of your letters to MStrand@Venable.com
Click here for a copy of S. 2876.
Click here for a copy of the letter of support template.

NMBA's March conference call is scheduled for Thursday, March 18, from 10:00 a.m. to 11:00 a.m. (EST). All members are encouraged to participate in the call. The agenda and supporting documents will be posted in the Members Only section.

NEW! The Winter 2010 edition of the NMBA News is now online. Download it now, and keep up on all the happenings in your National Mitigation Banking Association.

NMBA supports H.R. 3609, which would clarify the tax treatment of wetland mitigation bank credit sales. This legislation would help mitigation banking and environmental restoration by clarifying that building ecological habitat is a capital improvement to land. We urge members and everyone interested in environmental restoration to support H.R. 3609. Click here for a copy of H.R. 3609. Click here for a copy of the letters sent by the President of the NMBA to Congressmen Melancon and Tanner, expressing gratitude for their sponsorship of H.R. 3609. Click here for a summary of why NMBA supports H.R. 3609.