The bill amends existing laws regarding conservation easements in Wyoming by establishing a maximum duration of thirty (30) years for such easements, effective July 1, 2025. It introduces new legal language stating that no funds from the Wyoming wildlife and natural resource trust account shall be disbursed for the purchase of any conservation easement that does not comply with this duration requirement. Additionally, it specifies that conservation easements created after this date may allow for renewal upon expiration but cannot exceed the thirty-year limit. Any easement that violates this requirement will not be conveyed, recorded, or assigned.
Furthermore, the bill clarifies that it applies only to conservation easements created on or after July 1, 2025, and does not affect any contracts or agreements made prior to that date. The effective date for the implementation of these changes is set for July 1, 2025.
Statutes affected: Introduced: 9-15-103, 34-1-202