Lawmakers consider bill for conservation easementsLawmakers are considering legislation that would allow landowners appealing $150 million in denied conservation-easement tax credits to avoid a state hearing and go to district court.
The measure (House Bill 1300) will be considered Wednesday by the House Finance Committee.
At issue are tax credits that were granted to property owners in exchange for not developing their land. Some of those credits were later denied.
Those who were denied are now required to appeal to the state Department of Revenue. Also affected are people who bought the tax credits as investments.
Lawmakers said it could take years at the current rate to resolve disputes from 550 landowners.