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Senate committee backs $25 million farmland preservation fund
Summary
The Senate Finance, Ways and Means Committee voted 10-0 March 4 to recommend Senate Bill 207, a one-time $25 million appropriation to create a farmland preservation fund administered by the Department of Agriculture to support voluntary conservation easements.
The Senate Finance, Ways and Means Committee on March 4 recommended passage of Senate Bill 207, approving a one-time $25,000,000 appropriation to create a farmland preservation fund aimed at helping landowners place voluntary conservation easements on farmland and forestland.
Sponsor Senator Johnson said the program would be administered by the Tennessee Department of Agriculture and that the money is included in the governor’s budget. "Senate bill 207 would establish the farmland preservation fund to help combat the loss of farmland and forestland in Tennessee. The governor has appropriated $25,000,000 in the budget, which would be used to fund grants, to encourage conservation easements on farmland and forestland across the state," Johnson said.
The bill’s…
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