A BILL TO BE ENTITLED AN ACT TO SPECIFY THAT A LANDOWNER ENTERING INTO AN AGREEMENT UNDER THE CONSERVATION RESERVE PROGRAM MAY TERMINATE THE AGREEMENT UPON TAKING CERTAIN ACTIONS.
Amends GS 113A-235 to allow a soil and water conservation district to agree to terminate a conservation easement if the landowner requests in writing to terminate the easement and agrees to (1) reimburse the district for the costs associated with termination, (2) refund the purchase price, plus interest, (3) play liquidated damages if specified in the easement agreement, and (4) notify the county tax assessor of the termination.
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