Specifically, under this package, a landowner could increase thedensity of allowable development on a parcel of land in exchangefor preserving a portion in perpetuity.

House Bill 4995, sponsored by State Representative Ruth Johnson(R - Holly), and House Bill 5028, sponsored by State representativeRandy Richardville (R - Monroe), creates an option for developersto increase density in exchange for preserving 50% of the land asopen space.

"We are determined to protect private property rights and keeptaxes down," says Rep. Johnson. She chairs the House Land Use andEnvironment Committee.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.