Legislation
- Title
- Maryland Agricultural Land Preservation Foundation - Value of Easement
- Sponsored by
- Chair, Education, Health, and Environmental Affairs Committee (By Request - Departmental - Agriculture)
- Status
- Approved by the Governor - Chapter 12
- Analysis
- Fiscal and Policy Note
Synopsis
Prohibiting, notwithstanding specified provisions of law, and with a specified exception, the Maryland Agricultural Land Preservation Foundation from purchasing an agricultural land preservation easement for more than 75% or less than 25% of the fair market value of the land; and authorizing the Foundation to purchase an easement for less than 25% of the fair market value of the land if the asking price is less than 25% of the fair market value of the land.
Committees
Details
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2014
By Request of the Governor
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Last Updated: 2/3/2020 2:29 PM