A bill for an act creating conservation area designations subject to modified property tax levy rates and eliminating the forest and fruit-tree reservation property tax exemption program.

This bill creates a new "conservation area" designation for landowners, with specific tax rates per acre depending on whether it's a commercial conservation area or another type. It also eliminates the existing property tax exemption for forest and fruit-tree reservations starting in 2026. Landowners must meet certain criteria, such as minimum acreage and specific land uses or management plans, to qualify for the new designation.

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