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MD SB661

MD SB661
Real Property - Condemnation - Compensation for Farm and Agricultural Property (Protect Maryland Farm Lands Act)


summary

Introduced
01/29/2025
In Committee
01/29/2025
Crossed Over
Passed
Dead
04/08/2025

Introduced Session

2025 Regular Session

Bill Summary

Requiring the fair market value of certain agricultural property taken in a condemnation proceeding to be valued at 350% of the highest appraisal value of the property; and applying the Act retroactively to condemnation proceedings initiated on or after January 1, 2024.

AI Summary

This bill modifies Maryland's laws regarding compensation for farm and agricultural land that is acquired through condemnation (government taking of private property). Specifically, the bill requires that when agricultural property actively used for farming is condemned, the fair market value shall be calculated at 350% of the highest appraisal value, which is significantly higher than standard market value compensation. The legislation applies to properties determined by the State Department of Assessments and Taxation to be actively used for farm or agricultural purposes, including land acquired for utility transmission lines. The bill is retroactive, meaning it will apply to any condemnation proceedings initiated on or after January 1, 2024, and will take effect on October 1, 2025. The goal of this legislation appears to be providing greater financial protection for farmers whose land is seized by the government, recognizing the unique economic and cultural value of agricultural lands and helping to prevent the forced conversion of farmland to other uses by ensuring more substantial compensation when properties are condemned.

Committee Categories

Justice

Sponsors (11)

Last Action

Senate Judicial Proceedings Hearing (13:00:00 2/11/2025 ) (on 02/11/2025)

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