Sunset Process - House Transportation and Energy Committee. The bill implements the recommendations of the department of regulatory agencies in its sunset review of the certification of conservation easement holders by:
- Continuing the certification of conservation easement holders by the conservation easement oversight commission (commission) for 7 years until 2025 ( Recommendation 1 );
- Authorizing the director of the division of real estate (director), in consultation with the commission, to share conservation easement information with a third-party vendor to develop a registry of conservation easements in the state for which conservation easement holders have received tax credits (Recommendation 4) ; and
- Authorizing the division of real estate to establish rules, in consultation with the commission, to cap the number of applications that the division accepts each month for tax credit certificates and preliminary advisory opinions (Recommendation 5) .
(Note: This summary applies to this bill as introduced.)