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HB 1473 IN

Indiana farmland trust.

IN · session 2023 · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 17, 2023

Latest action (Jan 17, 2023) First reading: referred to Committee on Agriculture and Rural Development

Summary

Establishes the farmland trust advisory board. Authorizes the Indiana state department of agriculture (department) to accept or acquire certain real or personal property to be held in trust. Allows the department to lease agricultural land that is held in trust. Creates the Indiana farmland trust fund to: (1) purchase permanent agricultural conservation easements; (2) purchase agricultural land; and (3) maintain any agricultural land that is held in trust by the department. Provides that an agricultural conservation easement that meets the agricultural conservation easement requirements shall be assessed and taxed on a basis that reflects the agricultural conservation easement. Provides that the state or a unit of local government may not acquire an interest in any real property through eminent domain if the real property is subject to an agricultural conservation easement, unless permission has been granted by the director of the department. Specifies that an agricultural conservation easement does not affect the ability of a public utility or a municipally owned utility to acquire property or property rights to be used in connection with the provision of utility services to the public. Requires the department to adopt rules concerning requirements to lease agricultural land held in trust by the department.

Sponsor (1)

Action history (2)

  1. Jan 17, 2023 Authored by Representative Bauer M · lower
  2. Jan 17, 2023 First reading: referred to Committee on Agriculture and Rural Development · lower
Subjects
AGRICULTURE generallyAGRICULTURE, State Agencies and ProgramsPROPERTY TAXES generallyUTILITIES

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced House Bill (H) · Jan 17, 2023 · PDF

Full text

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