REAP Farm Conservation Tax Credit Program Begins Accepting Apps August 4
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The Resource Enhancement and Protection (REAP) Farm Conservation Tax Credit Program will begin accepting applications for completed projects on August 4 and for both proposed and completed projects August 25. This first-come, first-served program offers landowners between 50 and 75 percent of project costs in the form of tax credits up to $150,000 for the adoption of best management practices including: Development of a Nutrient Management Plan, Ag E&S Plan, and Conservation Plans, streambank fencing, riparian buffers, BMPs for ACAs and barnyard runoff, manure storage systems, alternative manure treatment practices, filter strips, and no-till planting equipment. Costs that can be included are project design, engineering, and planning, construction, installation, equipment, materials, post construction expenses, and many others. $10 million has been allocated for the REAP Program in FY 2014-15. For copies of the REAP Guidelines and application forms, visit the State Conservation Commission’s REAP webpage. |
8/4/2014 |
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