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2015 SESSION

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SB 1266 Conservation easements; private bottomland conveyed by special grant.

Introduced by: R. Creigh Deeds | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Conservation easements; private bottomland conveyed by special grant. Clarifies that riverbed property that a court has conclusively determined to be in private ownership may be the subject of a conservation easement. The bill defines "private bottomland," establishes the necessary provisions of a conservation easement in private bottomland, and provides that the owner of the bottomland may receive tax benefits for donating an easement for 10 years or more, rather than in perpetuity as current law requires.


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