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 in compliance with this duration requirement cannot be conveyed, recorded, or assigned.

Furthermore, the bill specifies that it applies to all conservation easements created on or after July 1, 2025, while ensuring that it does not affect any contracts or agreements made prior to that date. The effective date for these changes is set for July 1, 2025. The amendments aim to provide clarity and consistency in the management of conservation easements within the state.

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