VA SB499 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-01-18 - Continued to 2019 in Agriculture, Conservation and Natural Resources (12-Y 2-N)
Pending: Senate Agriculture, Conservation and Natural Resources Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-01-18 - Continued to 2019 in Agriculture, Conservation and Natural Resources (12-Y 2-N)
Pending: Senate Agriculture, Conservation and Natural Resources Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Agriculture easements; validity; termination. Prohibits a restriction imposed by a conservation easement from being enforced against any occupied single-family dwelling structure, including any outbuilding, shed, barn, garage, or driveway, or the land lying immediately underneath any such structure, for the purposes of additions, repairs, or sale. The bill authorizes the owner of an interest in real property burdened by the easement to terminate such easement in the event of financial hardship. Such owner shall be liable to the Department of Taxation for the full amount of any land preservation tax credits claimed or transferred by the owner that are related to the easement and shall pay any legal fees associated with the termination of the easement. Until such payments are made, such conservation easement shall be considered perpetual in duration unless otherwise provided in the instrument creating it.
Title
Conservation easements; validity, termination.
Sponsors
Roll Calls
2018-01-18 - Senate - Senate: Continued to 2019 in Agriculture, Conservation and Natural Resources (12-Y 2-N) (Y: 12 N: 2 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-01-18 | Senate | Continued to 2019 in Agriculture, Conservation and Natural Resources (12-Y 2-N) |
| 2018-01-09 | Senate | Referred to Committee on Agriculture, Conservation and Natural Resources |
| 2018-01-09 | Senate | Prefiled and ordered printed; offered 01/10/18 18101699D |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 10 | 1 | 1010 | (n/a) | See Bill Text |
| 10 | 1 | 1016.1 | (n/a) | See Bill Text |
| 58 | 1 | 514 | (n/a) | See Bill Text |
