Gov. Evers today signed Assembly Bill 133, now Wisconsin Act 42, relating to expanding farmland preservation agreements and increasing farmland preservation tax credits, according to a press release.
Assembly Bill 133, now 2023 Wisconsin Act 42:
- Decreases the minimum required length of a farmland preservation agreement between the Wisconsin Department of Agriculture, Trade and Consumer Protection and a farmland owner from 15 years to 10 years; and
- Increases the amount of credit that may be claimed per eligible acre and creates a new category of eligible farmland.
