SB 59·GA·senate
Bona Fide Conservation Use Property; a limitation on leased property; remove
VetoedFiled Jan 29, 2025
Sponsor: Sam Watson
Latest Action
Senate Date Vetoed by Governor
May 12, 2026
Summary
The bill would let timber producers claim a credit equal to their loss, up to $550 per affected acre, provided they restore or replant the forest. Credits are limited to a total of $200‑$250 million and require an application, with pre‑approval needed for claims filed before 2026. The measure aims to help landowners recover from hurricane damage while encouraging reforestation.
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