The bill amends existing laws regarding conservation easements in Wyoming, specifically limiting their duration to a maximum of thirty (30) years. It introduces new provisions stating that, beginning July 1, 2025, no conservation easement can be created with a duration exceeding this limit, although there is an allowance for renewal upon expiration. Additionally, the bill stipulates that any conservation easement not compliant with this new duration requirement cannot be conveyed, recorded, or assigned.

Furthermore, the bill specifies that it applies only to conservation easements created on or after July 1, 2025, and clarifies that it does not affect any contracts or agreements made prior to that date. The effective date for this legislation is set for July 1, 2025.

Statutes affected:
Introduced: 9-15-103, 34-1-202