Appropriates $34 million from constitutionally dedicated CBT revenues to State Agriculture Development Committee for county planning incentive grants for farmland preservation purposes.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill allocates $34 million from constitutionally dedicated corporation business tax revenues to the State Agriculture Development Committee for farmland preservation. The funds will be used to provide planning incentive grants to counties to help them acquire development easements on farmland. Counties are eligible to receive either a base grant or compete for a larger competitive grant, with a maximum potential award of $8.5 million per county.
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