MI SB0689

Expands circumstances under which farmland subject to a development rights agreement can be automatically relinquished when the land becomes subject to an agricultural conservation easement or purchase of development rights under specified statutory sections

Allows remaining land not covered by an agricultural conservation easement or purchase of development rights to continue under the original farmland development rights agreement until its natural termination date, even if it no longer meets the definition of "farmland"

Exempts farmland from lien requirements when a development rights agreement expires and the land becomes subject to an agricultural conservation easement or purchase of development rights, or when automatically relinquished under the new provisions

Takes effect immediately but is contingent on the enactment of five companion bills: Senate Bills 685, 686, 687, 688, and 690 from the 103rd Legislature