Amends the Delaware Code to revise the State Farmland Evaluation Advisory Committee's composition and duties.
The bill amends the Delaware Code to modify the State Farmland Evaluation Advisory Committee. It changes the committee's membership, requiring it to consist of seven voting members, including the Secretary of the Department of Finance as chair, and three non-voting members. The committee must review its valuation formula and methodology every two years, ensuring it is based on at least the preceding 20 years of land values. The committee is tasked with determining and publishing a range of values for agricultural, horticultural, and forestry land based on its productive capabilities.
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