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2024 SESSION

• | print version

HB 1501 Cash proffers; development rights.

Introduced by: Paul V. Milde | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Cash proffers; development rights. Provides that cash payments proffered pursuant to § 15.2-2298, 15.2-2303, or 15.2-2303.1 may be used for the purpose of extinguishing development rights elsewhere in the locality if the development rights to be extinguished are greater than the development rights being granted and the extinguishing of those development rights results in a perpetual conservation easement. The bill also provides that cash payments proffered may be used to seek matching funds from the Virginia Land Conservation Foundation and the Virginia Farmland Preservation Fund.

FULL TEXT

• 01/19/24  House: Presented and ordered printed 24105576D  pdf | impact statement

AMENDMENTS

• House subcommittee amendments and substitutes offered

HISTORY

• 01/19/24  House: Presented and ordered printed 24105576D
• 01/19/24  House: Referred to Committee on Counties, Cities and Towns
• 01/23/24  House: Assigned CC & T sub: Subcommittee #2
• 02/13/24  House: Left in Counties, Cities and Towns