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WY HB0220

WY HB0220
Conservation easements-amendments.


summary

Introduced
In Committee
Crossed Over
Passed
Dead
02/03/2025

Introduced Session

2025 General Session

Bill Summary

AN ACT relating to property, conveyances and security transactions; limiting the duration of conservation easements to thirty (30) years; providing definitions; making conforming amendments; specifying applicability; and providing for an effective date.

AI Summary

This bill introduces significant changes to conservation easements in Wyoming by limiting their duration to 30 years beginning July 1, 2025. Under the new law, conservation easements (legal agreements that permanently limit land use to protect its conservation value) cannot be created for longer than three decades, though they may include provisions for renewal upon expiration. The bill also prohibits the disbursement of state funds for purchasing conservation easements that do not comply with this new durational requirement. Importantly, the law does not retroactively affect conservation easements established before July 1, 2025, ensuring that existing agreements remain valid. The bill aims to provide more flexibility in land conservation by preventing perpetual easements and allowing periodic review and potential renewal of these legal arrangements. The changes will apply to all conservation easements created on or after the specified date, giving landowners and conservation organizations a clear timeline for adapting to the new regulations.

Sponsors (8)

Last Action

Did not Consider for Introduction (on 02/03/2025)

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