Land use: farmland and open space; expenditures for administrative costs in the agriculture preservation fund; modify. Amends sec. 36202 of 1994 PA 451 (MCL 324.36202).

This bill updates the rules for Michigan's Agriculture Preservation Fund, which manages money to protect farmland and open space. It increases the annual budget for administrative costs from $1.4 million to $2.1 million and establishes a formula to adjust this amount each year based on changes in the Consumer Price Index. Additionally, the legislation clarifies that any funds remaining in the account after paying for administration and local grants can be used to purchase development rights or conservation easements if the balance exceeds $5 million. These changes aim to ensure the fund has adequate resources to support its ongoing mission of preserving agricultural land.