VirginiaSB4652025 Regular SessionSenate

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

Sponsored By: David W. Marsden (Democratic)

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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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • David W. Marsden

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 15 • No: 0

Senate vote • 1/30/2024

Continued to 2025 in Agriculture, Conservation and Natural Resources

Yes: 15 • No: 0

Actions Timeline

  1. Left in Agriculture, Conservation and Natural Resources

    11/18/2024Senate
  2. Continued to 2025 in Agriculture, Conservation and Natural Resources (15-Y 0-N)

    1/30/2024Senate
  3. Impact statement from DPB (SB465)

    1/23/2024Senate
  4. Referred to Committee on Agriculture, Conservation and Natural Resources

    1/9/2024Senate
  5. Prefiled and ordered printed; offered 01/10/24 24103964D

    1/9/2024Senate

Bill Text

  • Introduced

    1/11/2024

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