Requires disclosure of original purchase price for land to be sold to a county, county agriculture development board, or municipality for farmland preservation purposes.

This bill requires sellers of land or development easements for farmland preservation to disclose their original purchase price to the buyer before the sale. It directly affects individuals, corporations, or entities selling property to counties, county agriculture boards, or municipalities for farmland preservation. The key provision mandates that sellers provide this historical purchase price information to the purchasing entity prior to closing the transaction. The law takes effect immediately upon enactment.