Establishes conservation area tax rates and eliminates forest and fruit-tree reservation tax exemptions.

The bill creates conservation area designations with specific tax rates and eliminates the forest and fruit-tree reservation property tax exemption program. Conservation areas must consist of at least five continuous acres and can be designated for fruit production, pasture land, or hunting and fishing. Commercial conservation areas are taxed at $12 per acre, while other conservation areas are taxed at $8 per acre. The revenue from these levies is apportioned among taxing districts.

Establishes conservation area tax rates and eliminates forest and fruit-tree reservation tax exemptions.

The bill creates conservation area designations with specific tax rates and eliminates the forest and fruit-tree reservation property tax exemption program. Conservation areas must consist of at least five continuous acres and can be designated for fruit production, pasture land, or hunting and fishing. Commercial conservation areas are taxed at $12 per acre, while other conservation areas are taxed at $8 per acre. The revenue from these levies is apportioned among taxing districts.