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§ 914.6. Land Trust Reimbursement Program

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 3 P.S. AgricultureEffective: May 15, 2006

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 3 P.S. Agriculture (Refs & Annos)
Chapter 14A. Agricultural Area Security (Refs & Annos)
Effective: May 15, 2006
3 P.S. § 914.6
§ 914.6. Land Trust Reimbursement Program
(a) Establishment.--The Land Trust Reimbursement Program is hereby established.
(b) Reimbursement.--The State board may allocate funds to reimburse land trusts for expenses incurred in acquiring agricultural conservation easements in this Commonwealth.
(c) Eligible expenses.--Eligible expenses include:
(1) Appraisals.
(2) Legal services.
(3) Title searches.
(4) Document preparation.
(5) Title insurance.
(6) Closing fees.
(7) Survey costs.
(d) Limitations.--
(1) Reimbursement shall be limited to $5,000 per easement.
(2) The term of an agricultural conservation easement shall be perpetual.
(e) Eligibility.--To be eligible under this subsection, a land trust shall be an eligible nonprofit entity and shall:
(1) register with the State board;
(2) coordinate agricultural conservation easement purchase activities with the eligible county in which the activity occurs or coordinate such activities with the State board, if the activity does not occur within an eligible county; and
(3) submit an application to the State board, with the statement of costs incidental to acquisition, the deed of easement and any other documentation required by the State board, within 60 days of closing on the easement.

Credits

1981, June 30, P.L. 128, No. 43, § 14.6, added 2006, May 15, P.L. 190, No. 46, § 6.1, imd. effective.
3 P.S. § 914.6, PA ST 3 P.S. § 914.6
Current through 2022 Regular Session Act 40. Some statute sections may be more current, see credits for details.
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