Endangered Species Recovery Act of 2000

Authorizes the Secretary of the Interior or Commerce, as appropriate, to enter into endangered species conservation agreements with owners of lessees of real property.

Expands elements of conservation plans required to be submitted by applicants for permits authorizing takings.

Provides for a streamlined application and approval procedure for incidental take permits and conservation plans determined to be low effect, small scale plans.

Sets forth requirements for the deposit of performance bonds and other financial security by incidental take permit (other than low effect, small scale) applicants.

Establishes the Habitat Conservation Plan Fund.

Requires the Secretary to encourage the development of multiple landowner, multispecies conservation plans. Provides for regulations establishing a development process which ensures an equitable balance of participation among citizens with primary interests in economic development activities that may affect species conservation, and citizens whose primary interest is in species conservation, respectively.

Directs the Secretary to establish a Community Assistance Program to provide timely and accurate information to local governments and property owners on impacts of actions under, and assistance on compliance with, the Act.

Reauthorizes the Act through FY 2004.

Title II: Species Conservation Tax Incentives - Amends the Internal Revenue Code to: (1) establish a tax exclusion for cost-sharing payments under the Partners for Fish and Wildlife Program; (2) provide special rules regarding deductions for qualified conservation contributions; (3) exclude from estate tax property subject to endangered species conservation agreements; and (4) revise the definition of land subject to a qualified conservation easement to mean land located in the United States or any U.S. possession for purposes of expanding the estate tax exclusion for such land.