H.B. 50
         LOCAL OPTION SALES TAX FOR CONSERVATION EASEMENTS FOR AGRICULTURAL USE

House Floor Amendments

February 12, 1998 2:32 PM



Representative Olsen proposes the following amendments:

1.    Page 2, Line 17:    After line 17 insert:
        "(iii) a requirement that unless the grantor and the holder of a conservation easement agree in the instrument that creates the conservation easement that the conservation easement continue in perpetuity, a conservation easement acquired under this section shall continue for a time period not exceeding the greater of:
        (A) the remainder of the grantor's life; or
        (B) ten years; and
"


Page 1 of 1
HB050004.1 janderso