Introduced
by
To establish that if the owner of farmland grants a development rights easement, then a previous farmland development rights agreement (FDRA) is automatically relinquished without penalty. The bill would also extend the income tax and single business tax credits available for land subject to an FDRA to property subject to an agricultural conservation easement or purchase of development rights.
Referred to the Committee on Farming, Agribusiness, and Food Systems
Passed in the Senate 33 to 0 (details)
Amendment offered
To provide a means for ceded development rights to be reattached to certain farmland, if the owner cedes to local or state government an agricultural conservation easement of two-acres for every one-acre on which rights are reattached, or pays to a proposed state agricultural preservation fund twice the value of the reattached development rights.
The amendment passed by voice vote
Amendment offered
by
To specify that the farmland swapped for reattached development rights (see committee amendment description) must be of comparable or better quality.
The amendment passed by voice vote
Passed in the House 99 to 0 (details)
To establish that if the owner of farmland grants a development rights easement, then a previous farmland development rights agreement (FDRA) is automatically relinquished without penalty. The bill would also extend the income tax and single business tax credits available for land subject to an FDRA to property subject to an agricultural conservation easement or purchase of development rights.
Passed in the Senate 35 to 0 (details)
To concur with the House-passed version of the bill.
