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Sunset Certification Of Conservation Easement Holders

Concerning the continuation of the certification of conservation easement holders, and, in connection therewith, implementing the recommendations of the 2017 sunset report by the department of regulatory agencies.
2018 Regular Session
Fiscal Policy & Taxes
Bill Summary

Sunset Process - House Transportation and Energy Committee. The bill implements the recommendations of the department of regulatory agencies in its sunset review of the certification of conservation easement holders by:

  • Continuing the certification of conservation easement holders by the conservation easement oversight commission (commission) for 7 years until 2025 (Recommendation 1); and
  • Authorizing the director of the division of real estate (director), in consultation with the commission, to share conservation easement information with a third-party vendor to develop a registry of conservation easements in the state for which conservation easement holders have received tax credits (Recommendation 4) and to annually report on the information as part of its 'State Measurement for Accountable, Responsive, and Transparent (SMART) Act' presentation.
    (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)




Bill Text

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details