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Committee accepts substitute for bill requiring PILOTs from large conservation landowners
Summary
The Ways and Means Committee accepted a substitute to House Bill 540 that moves from a pilot to a partial‑exemption reduction (proposed 97.5% exemption) for very large nonprofit landholdings; Adams County and township officials testified that Nature Conservancy holdings create infrastructure and emergency‑response costs without contributing property taxes.
The committee accepted a substitute amendment to House Bill 540 that changes the bill from a pilot program to a reduction of property tax exemption for certain very large nonprofit conservation landholdings.
Vice Chair Thomas moved the substitute, which the chair called and the committee accepted with no objections. The substitute as presented reduces exempt status from 100% to 97.5% for qualifying properties, rather than creating a…
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