Exempts land sold or transferred to a governmental entity from additional tax under certain conditions.

This bill exempts land classified under current use that is sold or transferred to a governmental entity from additional tax in specific circumstances. It outlines conditions under which land may not be removed from classification, such as transfers due to natural disasters or official actions. The bill also specifies that land may not be removed from classification due to minor upgrades or alterations to existing appurtenances. It mandates that the governmental entity must provide a timber management plan or notice of intent to manage the land as required.

Exempts land sold or transferred to a governmental entity from additional tax under certain conditions.

This bill exempts land classified under current use that is sold or transferred to a governmental entity from additional tax in specific circumstances. It outlines conditions under which land may not be removed from classification, such as transfers due to natural disasters or official actions. The bill also specifies that land may not be removed from classification due to minor upgrades or alterations to existing appurtenances. It mandates that the governmental entity must provide a timber management plan or notice of intent to manage the land as required.