❌ HB540
Require payments in lieu of taxes from certain conservation orgs
Current Status: In House Committee (Ways and Means)
Summary
The bill requires nonprofit conservation organizations with significant tax-exempt land holdings (over 15,000 acres in a single county) to make payments in lieu of taxes equal to 2.5% of the unimproved taxable value of the property to the county treasurer. Payments are due annually by June 30, starting in 2026, and if unpaid, will be collected like delinquent property taxes. The funds collected will be distributed among local taxing units.
Rationale
The bill imposes a tax-like requirement on nonprofit organizations, which conflicts with the Libertarian principles of minimal government intervention and protection of property rights. It represents an increase in government control over private entities, which is contrary to both LP and LPO platforms.
Risks and Concerns
- Increased financial burden on conservation organizations
- Potential reduction in conservation efforts due to financial constraints
- Encouragement of government overreach in private property matters