Raised H.B. No. 5477
Session Year 2020


AN ACT ESTABLISHING A TAX ABATEMENT FOR CERTAIN CONSERVATION EASEMENTS.

To authorize municipalities to abate real property taxes due on any portion of land that (1) meets the criteria for designation as a greenway, (2) is a terrestrial recreational trail that does not exceed one hundred feet in width, and (3) is the subject of a conservation easement conveyed by the owner of the land to a municipality, the state or a nonprofit land conservation organization.