HB0220

Failed

Conservation easements-amendments.

Limit conservation easements to a maximum thirty-year duration and revise related property law definitions.

Full legal title

AN ACT relating to property, conveyances and security transactions; limiting the duration of conservation easements to thirty (30) years; providing definitions; making conforming amendments; specifying applicability; and providing for an effective date.

Sponsor:

Co-sponsors: Representative(s) Eklund, Hoeft, McCann, Winter, Senator(s) Hutchings, Laursen, D, Steinmetz

View on wyoleg.gov Introduced Text (PDF)Digest (PDF)Fiscal Note (PDF)

What does this bill do?

Limits the duration of conservation easements created after July 1, 2025, to a maximum of thirty years, with optional renewal provisions.

Amends W.S. 34-1-202(c) to establish that conservation easements created on or after July 1, 2025, cannot exceed thirty years in duration, though they may include an opportunity for renewal upon expiration. (W.S. 34-1-202(c), Sec. 1)
Prohibits conservation easements that violate the thirty-year durational limit from being conveyed, recorded, or assigned. (W.S. 34-1-202(c), Sec. 1)
Adds a requirement that no funds from the Wyoming wildlife and natural resource trust account may be disbursed for the purchase of conservation easements that do not comply with the thirty-year duration requirement. (W.S. 9-15-103(s), Sec. 1)
Specifies that the act applies only to conservation easements created on or after July 1, 2025, and does not alter or impair any conservation easement contracts or agreements entered into before that date. (Sec. 2(a), Sec. 2(b))

Effective: July 1, 2025

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Actions (3)

2/3/2025(House)

H Did not Consider for Introduction

1/17/2025(House)

H Received for Introduction

1/16/2025(LSO)

Bill Number Assigned

Roll Call Votes (0)

No roll call votes recorded.