Real Property - Condemnation - Compensation for Farm and Agricultural Property (Protect Maryland Farm Lands Act)

SB 661, the "Protect Maryland Farm Lands Act," changes how farmland is compensated when taken through eminent domain. It requires the fair market value of agricultural property actively used for farming to be set at 350% of the highest appraisal value, instead of standard market value. This directly affects Maryland farmers whose land is acquired for public projects (like roads or transmission lines) and the government entities conducting those takings. The bill also allows property owners to use the assessed tax value if it exceeds the appraisal, and applies retroactively to all past and future condemnation cases involving qualifying farmland.