Chapter 2-C: VOLUNTARY MUNICIPAL FARM SUPPORT PROGRAM
§60. Definitions
As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [2007, c. 301, §1 (NEW).]
1. Farm support arrangement. "Farm support arrangement" means an arrangement that meets requirements established by the department by rule under which:
A. The owner of qualified farmland grants to a municipality a qualified easement; and [2007, c. 301, §1 (NEW).]
B. The municipality obligates itself to make farm support payments. [2007, c. 301, §1 (NEW).]
[ 2007, c. 301, §1 (NEW) .]
2. Farm support payments. "Farm support payments" means annual payments by a municipality during the term of a qualified easement:
A. In an amount up to 100% of the annual property taxes assessed by that municipality against land and buildings subject to a qualified easement up to the fair market value of the easement; and [2007, c. 693, §1 (AMD).]
B. To the person against whom the property taxes are assessed. [2007, c. 301, §1 (NEW).]
[ 2007, c. 693, §1 (AMD) .]
3. Qualified easement. "Qualified easement" means an agricultural conservation easement held by a municipality on qualified farmland in that municipality that:
A. Meets standards adopted by rule by the department designed to ensure that no development other than development related to agricultural use occurs on the qualified farmland; and [2007, c. 301, §1 (NEW).]
B. Is limited to a term of not less than 20 years. [2007, c. 301, §1 (NEW).]
[ 2007, c. 301, §1 (NEW) .]
4. Qualified farmland. "Qualified farmland" means farmland that meets eligibility requirements established by the department by rule.
Chapter 2-C: VOLUNTARY MUNICIPAL FARM SUPPORT PROGRAM
§60. Definitions
As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [2007, c. 301, §1 (NEW).]
1. Farm support arrangement. "Farm support arrangement" means an arrangement that meets requirements established by the department by rule under which:
A. The owner of qualified farmland grants to a municipality a qualified easement; and [2007, c. 301, §1 (NEW).]
B. The municipality obligates itself to make farm support payments. [2007, c. 301, §1 (NEW).]
[ 2007, c. 301, §1 (NEW) .]
2. Farm support payments. "Farm support payments" means annual payments by a municipality during the term of a qualified easement:
A. In an amount up to 100% of the annual property taxes assessed by that municipality against land and buildings subject to a qualified easement up to the fair market value of the easement; and [2007, c. 693, §1 (AMD).]
B. To the person against whom the property taxes are assessed. [2007, c. 301, §1 (NEW).]
[ 2007, c. 693, §1 (AMD) .]
3. Qualified easement. "Qualified easement" means an agricultural conservation easement held by a municipality on qualified farmland in that municipality that:
A. Meets standards adopted by rule by the department designed to ensure that no development other than development related to agricultural use occurs on the qualified farmland; and [2007, c. 301, §1 (NEW).]
B. Is limited to a term of not less than 20 years. [2007, c. 301, §1 (NEW).]
[ 2007, c. 301, §1 (NEW) .]
4. Qualified farmland. "Qualified farmland" means farmland that meets eligibility requirements established by the department by rule.
Chapter 2-C: VOLUNTARY MUNICIPAL FARM SUPPORT PROGRAM
§60. Definitions
As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [2007, c. 301, §1 (NEW).]
1. Farm support arrangement. "Farm support arrangement" means an arrangement that meets requirements established by the department by rule under which:
A. The owner of qualified farmland grants to a municipality a qualified easement; and [2007, c. 301, §1 (NEW).]
B. The municipality obligates itself to make farm support payments. [2007, c. 301, §1 (NEW).]
[ 2007, c. 301, §1 (NEW) .]
2. Farm support payments. "Farm support payments" means annual payments by a municipality during the term of a qualified easement:
A. In an amount up to 100% of the annual property taxes assessed by that municipality against land and buildings subject to a qualified easement up to the fair market value of the easement; and [2007, c. 693, §1 (AMD).]
B. To the person against whom the property taxes are assessed. [2007, c. 301, §1 (NEW).]
[ 2007, c. 693, §1 (AMD) .]
3. Qualified easement. "Qualified easement" means an agricultural conservation easement held by a municipality on qualified farmland in that municipality that:
A. Meets standards adopted by rule by the department designed to ensure that no development other than development related to agricultural use occurs on the qualified farmland; and [2007, c. 301, §1 (NEW).]
B. Is limited to a term of not less than 20 years. [2007, c. 301, §1 (NEW).]
[ 2007, c. 301, §1 (NEW) .]
4. Qualified farmland. "Qualified farmland" means farmland that meets eligibility requirements established by the department by rule.
