Bill > SB0685

This bill allows owners of farmland that are subject to multiple legal land conservation arrangements to claim a tax credit under section 36109, specifically if those conservation easements and agreements were executed before January 1, 2025. The bill specifically covers farmland with conservation easements described in section 2141, development rights agreements under section 36104, purchases of development rights or agricultural conservation easements under section 36111b, and agricultural conservation easements under section 36206. The bill is contingent on the simultaneous passage of six related Senate Bills (SB 686-690 and SB 699), and if those bills are not all enacted, this bill will not take effect. The purpose appears to be providing continued tax credit eligibility for farmland owners who have entered into multiple conservation-related legal arrangements, potentially helping to preserve agricultural land and provide financial incentives for landowners to maintain their property in agricultural use.

Agriculture and Natural Resources

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0685