California SB462 establishes a funding account for the California Farmland Conservancy Program to support agricultural conservation easements.
California SB462 creates the California Farmland Conservancy Program Funding Account to support the purchase of agricultural conservation easements. The bill allocates $20 million annually from the General Fund to this account, starting from the 2025-26 fiscal year. These funds aim to help local governments preserve agricultural lands, which are critical for ecosystems, wildlife habitat, and California's economy. The bill emphasizes the importance of meeting the state's 30x30 goal of conserving 30% of California's lands and coastal waters by 2030.
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