16 U.S.C. § 6574 — Financial assistance
submitted 23 years ago by Pub. L. 108-148 to r/title-16-CONSERVATION · 302 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
In the case of land enrolled in the healthy forests reserve program using a permanent easement (or an easement described in section 6572(f)(1)(C)(ii) 1 of this title), the Secretary of Agriculture shall pay the owner of the land an amount equal to not less than 75 percent, nor more than 100 percent, of (as determined by the Secretary)—
the fair market value of the enrolled land during the period the land is subject to the easement, less the fair market value of the land encumbered by the easement; and
the actual costs of the approved conservation practices or the average cost of approved practices carried out on the land during the period in which the land is subject to the easement.
In the case of land enrolled in the healthy forests reserve program using a 30-year easement, the Secretary of Agriculture shall pay the owner of the land an amount equal to not more than (as determined by the Secretary)—
75 percent of the fair market value of the land, less the fair market value of the land encumbered by the easement; and
75 percent of the actual costs of the approved conservation practices or 75 percent of the average cost of approved practices.
In the case of land enrolled in the healthy forests reserve program using a 10-year cost-share agreement, the Secretary of Agriculture shall pay the owner of the land an amount equal to not more than (as determined by the Secretary)—
fifty percent of the actual costs of the approved conservation practices; or
fifty percent of the average cost of approved practices.
The Secretary of Agriculture may accept and use contributions of non-Federal funds to make payments under this section.
Source credit: (Pub. L. 108–148, title V, § 504, Dec. 3, 2003, 117 Stat. 1913; Pub. L. 110–234, title VIII, § 8205(b), May 22, 2008, 122 Stat. 1295; Pub. L. 110–246, § 4(a), title VIII, § 8205(b), June 18, 2008, 122 Stat. 1664, 2057.)
- 2003Enacted · Pub. L. 108-148 · 117 Stat. 1913
- 2008Amended · Pub. L. 110-234 · 122 Stat. 1295
- 2008Amended · Pub. L. 110-246 · 122 Stat. 1664, 2057
A history note hasn’t been published yet. The record shows enactment by Pub. L. 108-148 on 2003-12-03.
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