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CO HB1194
Bill
Status
3/15/2018
Primary Sponsor
Kimmi Lewis
Click for details
AI Summary
HB18-1194: Conservation Easement Protections
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Freezes conservation easement application fees at January 1, 2018 levels and prohibits fee reductions for multiple applicants.
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Requires local government public hearings (with 14+ days' notice) before conservation easements are created, modified, or transferred, allowing the grantor, holder, and public to testify.
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Limits all conservation easements created after January 1, 2019 to 20-year terms maximum (replacing perpetual terms) and requires holders to provide annual monitoring and compliance reports to landowners.
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Requires landowners to execute a disclosure form acknowledging 11 specified risks and consequences before creating an easement, and to sign a good faith cost estimate that caps their liability for creation costs.
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Prohibits easement holders from permitting or financially benefiting from any development on the property, including wind, solar, oil, gas, or mineral resource development.
Legislative Description
Conservation Easement Transparency
Last Action
House Committee on Health, Insurance, & Environment Postpone Indefinitely
3/15/2018