---
title: SB 306. Bona Fide Conservation Use Property; impending expiration to be sent via certified mail; require notices
collection: bills
id: 2025-2026/sb306
cite_as: SB 306, 2025-2026 Regular Session (Ga.)
canonical_url: https://georgiacommons.org/bills/2025-2026/sb306
md_url: https://georgiacommons.org/bills/2025-2026/sb306.md
text_url: https://georgiacommons.org/bills/2025-2026/sb306/text
source_url: https://www.legis.ga.gov/legislation/71006
date: 2026-05-06
status: passed
corpus_version: bills-2026-09-13
license: Public record of the Georgia General Assembly, via LegiScan; see about.md
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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omitted: votes and history
omitted_chars: 1454
omitted_url: https://georgiacommons.org/bills/2025-2026/sb306.md?full=1
bill_number: SB 306
session: 2025-2026 Regular Session
session_slug: 2025-2026
chamber: Senate
bill_type: bill
status_date: 2026-05-06
last_action: Effective Date 2026-05-06
sponsors:
- Randy Robertson
- Charles Cannon
text_version: Enrolled
has_text: true
legiscan_url: https://legiscan.com/GA/bill/SB306/2025
upstream_id: 1987851
summaries_model: claude-sonnet-5
topic_tags:
- property taxes
- conservation easements
- farmland tax breaks
- carbon sequestration
- low-income housing tax credit
---
# SB 306. Bona Fide Conservation Use Property; impending expiration to be sent via certified mail; require notices
## Text
Senate Bill 306
By: Senator Robertson of the 29th
AS PASSED
A BILL TO BE ENTITLED
AN ACT
To amend Article 1 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated,
relating to general provisions regarding ad valorem taxation of property, so as to revise the
definition of bona fide conservation use property to include carbon sequestration; to require
certified notices of impending expiration; to provide for the reinstatement of certain
covenants and preferential assessments in certain limited circumstances; to provide for
appeals and refunds; to prohibit additional fees or interest; to permit the combination of
multiple covenants of a single owner into a single, new, ten-year covenant; to provide for
exceptions; to provide for the change of forest land use assessment property to current use
assessment property after a transfer of ownership; to amend Code Section 48-7-29.6 of the
Official Code of Georgia Annotated, relating to tax credits for qualified low-income
buildings, so as to provide for an annual aggregate cap; to provide for related matters; to
provide for an effective date and applicability; to repeal conflicting laws; and for other
purposes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION 1.
Article 1 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to
general provisions regarding ad valorem taxation of property, is amended in Code
Section 48-5-7.4, relating to preferential assessment for bona fide conservation use property
and bona fide residential transitional property, by revising subparagraph (a)(1)(F) and
subsection (d) and adding new subsections to read as follows:
"(F) The primary purpose described in this paragraph includes land conservation and
ecological forest management in which commercial production of wood and wood fiber
products may be undertaken primarily for conservation and restoration purposes rather
than financial gain. Such property may, in addition, have as a secondary use carbon
sequestration in accordance with the Georgia Carbon Sequestration Registry or a carbon
sequestration program; or"
"(d) No property shall qualify for current use assessment under this Code section unless
and until the owner of such property agrees by covenant with the appropriate taxing
authority to maintain the eligible property in bona fide qualifying use for a period of ten
years beginning on the first day of January of the year in which such property qualifies for
such current use assessment and ending on the last day of December of the final year of the
covenant period. After the owner has applied for and has been allowed current use
assessment provided for in this Code section, it shall not be necessary to make application
thereafter for any year in which the covenant period is in effect and current use assessment
shall continue to be allowed such owner as specified in this Code section. At least 60 days
prior to the expiration date of the covenant, the county board of tax assessors shall send by
first-class mail written notification of such impending expiration; provided, however, that
the county board of tax assessors shall send such written notification by certified mail, if
requested by the taxpayer. Additionally, the county board of tax assessors shall send an
electronic copy of such notification to the taxpayer if the taxpayer has submitted a current
email address and requested such electronic notification. Upon the expiration of any
covenant period, the property shall not qualify for further current use assessment under this
Code section unless and until the owner of the property has entered into a renewal covenant
for an additional period of ten years; provided, however, that the owner may enter into a
renewal contract in the ninth year of a covenant period so that the contract is continued
without a lapse for an additional ten years.
(d.1)(1) This subsection shall apply in the case of any property:
(A) For which the covenant required under subsection (d) of this Code section expired
during the two years immediately preceding July 1, 2025; and
(B) That, during the period after the expiration of the covenant required under
subsection (d) of this Code section, continued to qualify for current use assessment
under this Code section; and
(C) The owner of such property can demonstrate by sworn affidavit from the
designated mail carrier that the mailbox was inoperable or unavailable at the time such
notice of expiration should have been delivered.
(2) Notwithstanding any other provision of this chapter to the contrary, for a property
that meets the requirements of paragraph (1) of this subsection the covenant required
under subsection (d) of this Code section shall be deemed to be reinstated and the owner
of the property shall only be liable for the taxes that would have been imposed if such
covenant had not expired.
(3) Notwithstanding the procedures and requirements for appeals provided in this chapter
to the contrary, the owner of any property that meets the requirements of paragraph (1)
of this subsection may appeal the assessment of such property for the time period stated
in subparagraph (A) of paragraph (1) of this subsection. The county board of tax
commissioners shall refund to the owner any amount of taxes paid in excess of such
amount, and no other costs, fees, or interest shall be imposed on such owner in relation
to such appeal."
"(e.1)(1) A single owner, as described in subparagraph (a)(1)(C) of this Code section,
who has multiple parcels of bona fide conservation use property that are collectively
subject to more than one valid covenant under this Code section may combine such
covenants in whole under a single, new, ten-year covenant for bona fide conservation use
without constituting a breach of any of the covenants, provided that all such property
would be otherwise eligible to be placed under a renewal covenant under this Code
section by the owner upon the natural expiration of the original covenant.
(2) The provisions of this subsection shall not be permitted or be construed to:
(A) Allow any portion of property held under a covenant to be removed from the
covenant without being combined into the new covenant;
(B) Change any requirements for what constitutes qualified property; or
(C) Change any requirements for what constitutes qualifying use for purposes of this
Code section.
(3) A single owner, as described in subparagraph (a)(1)(C) of this Code section, desiring
to proceed with combining covenants pursuant to paragraph (1) of this subsection shall
first file a real property tax return with the appropriate board of tax assessors on or before
the deadline to file such return.
(4) Parcels on which delinquent taxes are owed shall not be eligible to be combined
pursuant to paragraph (1) of this subsection."
SECTION 2.
Said article is further amended in Code Section 48-5-7.7, relation to preferential assessment
for forest land conservation use property, by revising subsection (f) as follows:
"(f)(1) A qualified owner shall not be authorized to make application for and receive
conservation use assessment under this Code section for any property which at the time
of such application is receiving preferential assessment under Code Section 48-5-7.1 or
current use assessment under Code Section 48-5-7.4; provided, however, that, if any
property is subject to a covenant under either of those Code sections, it may be changed
from such covenant and placed under a covenant under this Code section if it is otherwise
qualified. Any such change shall terminate the existing covenant and shall not constitute
a breach thereof. No property may be changed more than once under this paragraph.
(2) Any property that is subject to a covenant under this Code section and subsequently
fails to adhere to the qualifying purpose, as defined in paragraph (5) of subsection (b) of
this Code section, may be changed from the covenant under this Code section and placed
under a covenant provided for in Code Section 48-5-7.4 if the property otherwise
qualifies under the provisions of that Code section. In such a case, the existing covenant
under this Code section shall be terminated, and the change shall not constitute a breach
thereof. No property may be changed more than once under this paragraph.
(3) A qualified owner under this Code section may obtain ownership of property
receiving preferential assessment under Code Section 48-5-7.1 or current use assessment
under Code Section 48-5-7.4 and have 180 days from the time ownership is acquired to
change from such covenant and place under a covenant under this Code section if it is
otherwise qualified and would not constitute a breach thereof even if the qualified owner
does not qualify for the preferential assessment under Code Section 48-5-7.1 or current
use assessment under Code Section 48-5-7.4."
SECTION 3.
Code Section 48-7-29.6 of the Official Code of Georgia Annotated, relating to tax credits for
qualified low-income buildings, is amended by revising paragraph (5) of subsection (b) as
follows:
"(5) The aggregate annual amount of tax credits allowed initially awarded pursuant to
this Code section shall not exceed $100 million for each of the taxable years 2026
through 2028."
SECTION 4.
This Act shall become effective upon its approval by the Governor or upon its becoming law
without such approval, and Sections 1 and 2 of this Act shall be applicable to all taxable
years beginning on or after January 1, 2027.
SECTION 5.
All laws and parts of laws in conflict with this Act are repealed.
## Summaries written by Georgia Commons
The following was written by claude-sonnet-5 from the text above and is not part of the bill. Quote the text, not the summary.
A Georgia Senate bill would change how counties notify landowners before their conservation-use property tax covenants expire, add a path to fix lapsed covenants caused by mail problems, and let owners combine multiple land covenants into one.
### Plain-language summary
Georgia's conservation use property tax program lets landowners get a lower property tax assessment in exchange for a 10-year promise (a covenant) to keep land in a qualifying use, such as farming, forestry, or wildlife habitat. This bill updates that program (O.C.G.A. § 48-5-7.4). It adds carbon sequestration, storing carbon in soil or trees under a recognized registry, as an allowed secondary use of the land. It requires county tax assessors to send expiration notices by certified mail if a taxpayer asks, and by email if the taxpayer provides an address and requests it, instead of only regular mail.
The bill also lets landowners whose covenant lapsed in the two years before July 1, 2025 get it reinstated if they can show, with a sworn statement from their mail carrier, that their mailbox was broken or unavailable when the notice should have arrived. It allows a single owner to merge several existing covenants into one new 10-year covenant, and gives new owners of forest land conservation property 180 days to switch covenant types. Separately, it changes a low-income housing tax credit cap (O.C.G.A. § 48-7-29.6) from a total cap to a yearly cap of $100 million for 2026 through 2028. Most provisions apply to tax years starting on or after January 1, 2027.
### What it does
- Adds carbon sequestration under a recognized carbon registry as an allowed secondary use for land already qualifying as bona fide conservation use property.
- Requires county tax assessors to send covenant expiration notices by certified mail if the taxpayer requests it, and by email if the taxpayer provides an address and asks for it.
- Creates a one-time fix letting owners whose covenant lapsed in the two years before July 1, 2025 get it reinstated if a mail carrier confirms their mailbox was inoperable, with refunds for excess taxes paid and no added fees or interest.
- Lets a landowner with several separate conservation-use covenants combine them into a single new 10-year covenant instead of managing them separately.
- Gives a new owner of forest land conservation property 180 days after buying it to switch the property into a different covenant type without breaching it.
- Changes the qualified low-income building tax credit from one combined $100 million cap covering 2026 through 2028 to a $100 million cap for each of those three years separately.
### Who it affects
Owners of land under conservation use or forest land conservation covenants, county boards of tax assessors and tax commissioners who administer these programs, landowners whose covenants recently lapsed due to mail delivery problems, and developers or investors who use the qualified low-income housing tax credit.
### Why it matters
Landowners who lost their reduced property tax assessment because a notice never reached them could get that status and any overpaid taxes back. Owners with multiple land parcels could simplify paperwork under one covenant, and the housing tax credit change could roughly triple available credits, from $100 million total to $100 million per year through 2028.
### Key provisions
- Section 1 revises O.C.G.A. § 48-5-7.4 to let conservation use property also serve a secondary carbon sequestration purpose under a state or approved carbon registry.
- Section 1 requires certified mail notice of covenant expiration if requested by the taxpayer, plus email notice if an address is provided and requested.
- Section 1 creates new subsection (d.1), reinstating covenants that expired in the two years before July 1, 2025 if a mail carrier's sworn statement shows the mailbox was inoperable, with refunds and no extra fees or interest.
- Section 1 adds new subsection (e.1) allowing a single owner to combine multiple valid covenants into one new 10-year covenant, but only if all parcels are combined and none are delinquent on taxes.
- Section 2 amends O.C.G.A. § 48-5-7.7 to give a new owner of forest land conservation property 180 days after acquiring it to switch covenant types without it counting as a breach.
- Section 3 changes the qualified low-income building tax credit cap in O.C.G.A. § 48-7-29.6 from one aggregate $100 million limit to $100 million awarded in each of tax years 2026, 2027, and 2028.
- Section 4 sets the effective date as the Governor's signature or the bill becoming law without signature, with Sections 1 and 2 applying to tax years starting on or after January 1, 2027.
## Status
- Status: Passed (2026-05-06)
- Last action: Effective Date 2026-05-06 (2026-05-06)
- Sponsors: Randy Robertson, Charles Cannon
- Official page: https://www.legis.ga.gov/legislation/71006
> The history, votes, and amendments (1,454 characters) are at https://georgiacommons.org/bills/2025-2026/sb306.md?full=1