Certainly.
The current ecological gift program exempts that kind of gift of real estate from capital gains, and currently you get the deduction in the year of the gift and for an additional five years. Because these are gifts of land tending to be of high value from folks who don't necessarily have a high income, they may not and very often do not use the full value of the gift over the course of the six years. Extending it to ten years gives them more time.
The U.S. has recently extended the credit to 15 years. We picked a sort of midway point.