HB 1700 - DIGEST

     Declares an intent that a program be created to improve the habitat of aquatic and wildlife species of streams, rivers, and riparian areas and that owners of land abutting streams and rivers be allowed a credit against the state portion of property taxes levied on such land for expenditures made to improve the habitat of streams, rivers, and riparian areas.

     Provides that the total amount of credits to be allowed under this act shall not exceed six million dollars for the fiscal year ending June 30, 1998, twelve million dollars for the fiscal year ending June 30, 1999, and twelve million dollars for the fiscal year ending June 30, 2000.