The bill amends section 36111 of the 1994 PA 451, which governs development rights agreements related to farmland in Michigan. It establishes that such agreements will automatically renew upon written request from the landowner, provided they have complied with the relevant requirements. The renewal term must be no less than a specified number of years. Additionally, the bill outlines the conditions under which land covered by these agreements can be relinquished, including the approval of local governing bodies and the state land use agency. It specifies that no more than 2 acres can be relinquished unless additional land is necessary to encompass existing structures, in which case up to 5 acres may be relinquished.

Furthermore, the bill introduces provisions for the recording of liens against properties from which development rights are relinquished, detailing how these liens are calculated based on tax credits received by the landowner. It also clarifies that if farmland under a development rights agreement becomes subject to an agricultural conservation easement or purchase of development rights, it is automatically relinquished from the agreement. The bill stipulates that the lien will not apply if the farmland is subject to such easements or purchases upon the expiration of the development rights agreement. The enactment of this bill is contingent upon the passage of several other specified bills from the 103rd Legislature.

Statutes affected:
Senate Introduced Bill: 324.36111
As Passed by the Senate: 324.36111
As Passed by the House: 324.36111
Senate Enrolled Bill: 324.36111