Illinois SB4044 establishes a Farmland Conversion Fee to fund agricultural land conservation.
Illinois SB4044, the Agricultural Land Conservation Act, creates a Farmland Conversion Fee of $275 per acre for land removed from agricultural production for development. The fee applies to industrial parks, commercial areas, and residential developments. Revenue from the fee is deposited into the Farmland Conversion Fee Fund, a special fund in the State Treasury. The Department of Agriculture administers the fee and the fund.
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