Maryland HB1560 establishes a pilot program to compensate private forest landowners for the ecological value of their forest lands.
Maryland HB1560 aims to compensate private forest landowners for the ecological value of their forest lands. The bill establishes a science-based methodology to quantify forest ecosystem value, creating the Forest Ecosystem Value Incentives Fund. The fund will provide financial incentives for forest expansion, retention, and preservation. The Department of Natural Resources will develop a framework for the pilot program, designate priority areas, and establish criteria for ecosystem value-oriented forest management plans.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.