An income tax credit is allowed for property owners who enter into a management agreement with the Secretary of Wildlife and Parks to preserve, maintain or protect a portion of their property that has been designated as critical habitat for a species listed as endangered, threatened or in need of conservation.

The credit is for the property tax paid on the land designated as critical habitat, and for costs incurred to manage, construct and maintain improvements approved by the Secretary of Wildlife and Parks.

Qualifications

A management agreement must be entered into between the property owner and the Department of Wildlife and Parks. For information about endangered wildlife, critical habitats, or a conservation agreement, contact:

Emporia Research and Survey Office

Kansas Department of Wildlife and Parks

1830 Merchant, P.O Box 1525

Emporia, Kansas 66801

(316) 342-0658

Credit Amount

The credit is the total amount paid during the taxable year for property taxes and assessments on the property designated as critical habitat and the total costs incurred for habitat management, construction and maintenance of improvements to the real property approved by Wildlife and Parks.

Limitation of Credit

The property tax credit is limited to the tax liability after all other allowable credits are taken for the year the credit is claimed. Should the costs incurred to maintain, construct or improve habitat property exceed the tax liability, the taxpayer may, at the time of filing the initial return, elect to either carry forward the excess credit to the next succeeding taxable year(s) until the total amount of the credit is used, or receive a refund of the excess credit.

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