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| 3 | + | SB1997 HFLR Page 1 | |
| 4 | + | BOLD FACE denotes Committee Amendments. 1 | |
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| 3 | 28 | ||
| 4 | - | An Act | |
| 5 | - | ENROLLED SENATE | |
| 29 | + | HOUSE OF REPRESENTATIVES - FLOOR VERSION | |
| 30 | + | ||
| 31 | + | STATE OF OKLAHOMA | |
| 32 | + | ||
| 33 | + | 2nd Session of the 59th Legislature (2024) | |
| 34 | + | ||
| 35 | + | ENGROSSED SENATE | |
| 6 | 36 | BILL NO. 1997 By: Murdock, Bullard, and | |
| 7 | 37 | Hamilton of the Senate | |
| 8 | 38 | ||
| 9 | 39 | and | |
| 10 | 40 | ||
| 11 | 41 | Newton and Dobrinski of the | |
| 12 | 42 | House | |
| 43 | + | ||
| 13 | 44 | ||
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| 15 | 46 | ||
| 16 | 47 | An Act relating to the Uniform Conservation Easement | |
| 17 | 48 | Act; amending 60 O.S. 2021, Section 49.3, which | |
| 18 | 49 | relates to creation, conveyance, acceptan ce, and | |
| 19 | 50 | duration; requiring disclosure of certain easement to | |
| 20 | 51 | potential buyer; updating statutory reference; and | |
| 21 | 52 | providing an effective date. | |
| 22 | 53 | ||
| 23 | 54 | ||
| 24 | 55 | ||
| 25 | 56 | ||
| 26 | - | SUBJECT: Uniform Conservation Easement Act | |
| 27 | - | ||
| 28 | 57 | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: | |
| 29 | - | ||
| 30 | 58 | SECTION 1. AMENDATORY 60 O.S. 2021, Section 49.3, is | |
| 31 | 59 | amended to read as follows: | |
| 32 | - | ||
| 33 | 60 | Section 49.3. | |
| 34 | - | ||
| 35 | 61 | CREATION, CONVEYANCE, ACCEPTANCE, AND DURATION | |
| 36 | - | ||
| 37 | 62 | A. Except as otherwise provided in this act the Uniform | |
| 38 | 63 | Conservation Easement Act , a conservation easement may be created, | |
| 39 | 64 | conveyed, recorded, assigned, released, modified, terminated, or | |
| 40 | 65 | otherwise altered or affected in the same manner as other | |
| 41 | 66 | easements,; provided, however, nothing herein shall authorize any | |
| 67 | + | ||
| 68 | + | SB1997 HFLR Page 2 | |
| 69 | + | BOLD FACE denotes Committee Amendments. 1 | |
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| 42 | 94 | entity or individual to obtain a conservation easement by | |
| 43 | 95 | condemnation. | |
| 44 | - | ||
| 45 | - | ||
| 46 | - | ENR. S. B. NO. 1997 Page 2 | |
| 47 | 96 | B. No right or duty in favor of or against a holder arises | |
| 48 | 97 | under a conservation easement before its acceptance by the holder | |
| 49 | 98 | and a recordation of the acceptance. | |
| 50 | - | ||
| 51 | 99 | C. Except as provided in subsection B of Section 4 49.4 of this | |
| 52 | 100 | act title, the term of a conservation easem ent shall be the term | |
| 53 | 101 | stated in the instrument creating it. | |
| 54 | - | ||
| 55 | 102 | D. An interest in real property in existence at the time a | |
| 56 | 103 | conservation easement is created is not impaired by it unless the | |
| 57 | 104 | owner of the interest is a party to the conservation easement or | |
| 58 | 105 | consents to it. | |
| 59 | - | ||
| 60 | 106 | E. An owner of real property burdened by a conservation | |
| 61 | 107 | easement shall disclose the existence of such easement to any | |
| 62 | 108 | potential buyer of the real property. | |
| 63 | - | ||
| 64 | 109 | SECTION 2. This act shall become effective November 1, 2024. | |
| 65 | 110 | ||
| 111 | + | COMMITTEE REPORT BY: COMMITTEE ON JUDICIARY - CIVIL, dated | |
| 112 | + | 03/28/2024 - DO PASS, As Coauthored. | |
| 66 | 113 | ||
| 67 | - | ENR. S. B. NO. 1997 Page 3 | |
| 68 | - | Passed the Senate the 5th day of March, 2024. | |
| 69 | - | ||
| 70 | - | ||
| 71 | - | ||
| 72 | - | Presiding Officer of the Senate | |
| 73 | - | ||
| 74 | - | ||
| 75 | - | Passed the House of Representatives the 15th day of April, 2024. | |
| 76 | - | ||
| 77 | - | ||
| 78 | - | ||
| 79 | - | Presiding Officer of the House | |
| 80 | - | of Representatives | |
| 81 | - | ||
| 82 | - | OFFICE OF THE GOVERNOR | |
| 83 | - | Received by the Office of the Governor this _______ _____________ | |
| 84 | - | day of _________________ __, 20_______, at _______ o'clock _______ M. | |
| 85 | - | By: _________________________________ | |
| 86 | - | Approved by the Governor of the State of Oklahoma th is _________ | |
| 87 | - | day of _________________ __, 20_______, at _______ o'clock _______ M. | |
| 88 | - | ||
| 89 | - | _________________________________ | |
| 90 | - | Governor of the State of Oklahoma | |
| 91 | - | ||
| 92 | - | ||
| 93 | - | OFFICE OF THE SECRETARY OF STATE | |
| 94 | - | Received by the Office of the Secretary of State this _______ ___ | |
| 95 | - | day of _________________ _, 20 _______, at _______ o'clock _______ M. | |
| 96 | - | By: _________________________________ |