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Transfer of Development Rights

Bill #: H. 4996

Session: 2023-2024

Topics:

Outcome

CVSC supports this bill and it is active.

This bill addresses sprawl, overdevelopment, and conservation through a transfer of development rights program (TDR). H. 4996 permissively assigns selected areas as “sending zones” and “receiving zones,” in which a sending zone can sell certain development rights to receiving zones. These zones and the specific TDR program would be managed permissively through the applicable municipality, county, or zoning authority.

 

H. 4996 is currently in the municipal 3m subcommittee.