VA SB465 | 2024 | Regular Session

Note: Carry Foward to future SB465

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2024 - 25% progression, died in committee
Action: 2024-01-30 - Continued to 2025 in Agriculture, Conservation and Natural Resources (15-Y 0-N)
Pending: Senate Agriculture, Conservation and Natural Resources Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Land Conservation Foundation. Allows land trusts that have been accredited by the Land Trust Accreditation Commission or a similar set of standards and practices adopted by the Virginia Land Conservation Board of Trustees (the Board) to hold an interest in land other than a fee simple interest as a result of a grant or transfer from the Virginia Land Conservation Foundation (the Foundation) without a co-holder. Current law requires that certain interests in land as a result of a grant or transfer from the Foundation be held jointly by a holder and a public body. The bill also allows, whenever a holder acquires fee simple interest in land as a result of a grant or transfer from the Foundation, the Board to accept a reversionary interest in such land as an alternative to a public body holding an open space easement in such land.

Tracking Information

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Title

Virginia Land Conservation Foundation; land trusts that have been accredited, etc.

Sponsors


Roll Calls


History

DateChamberAction
2024-01-30SenateContinued to 2025 in Agriculture, Conservation and Natural Resources (15-Y 0-N)
2024-01-09SenateReferred to Committee on Agriculture, Conservation and Natural Resources
2024-01-09SenatePrefiled and ordered printed; offered 01/10/24 24103964D

Same As/Similar To

SB465 (Carry Over) 2024-01-30 - Continued to 2025 in Agriculture, Conservation and Natural Resources (15-Y 0-N)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
1011020(n/a)See Bill Text

Virginia State Sources


Bill Comments

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