LD 1872
pg. 3
Page 2 of 3 PUBLIC Law Chapter 513 LD 1872 Title Page
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LR 2730
Item 1

 
B.__A landowner who owns 1,000 acres or less of forest land
statewide and has obtained independent 3rd-party certification
or recertification for the land; and

 
C.__A group of landowners who have collectively obtained
3rd-party certification or recertification for their land as
long as some or all of the landowners own 1,000 acres or
less.

 
2.__Maximum amount of cost-share funds distributed.__The
amount of cost-share funds distributed to a person eligible for
reimbursement under subsection 1, paragraph A or B may not exceed
50% of the cost of obtaining independent 3rd-party certification.

 
The maximum amount of cost-share funds distributed to a group of
landowners eligible for reimbursement under subsection 1,
paragraph C is calculated by multiplying the number of landowners
in the group who own 1,000 acres or less of forest land by 50% of
the cost of obtaining independent 3rd-party certification and
dividing the product by the total number of landowners in the
group.

 
For the purposes of this subsection, "cost of obtaining
independent 3rd-party certification"__means the fee paid to an
external auditor to complete the certification process.

 
3.__Repayment required.__A licensed forester, landowner or
group of landowners that accepts cost-share funds in accordance
with this chapter but that fails to retain certification for the
full certification period shall repay the full amount of the
cost-share funds received to the bureau.__The bureau may impose a
reasonable interest rate on the amount of the funds to be repaid.__
The bureau shall deposit all repayments and interest received
under this subsection into the fund.

 
4.__Forms.__The bureau shall provide application forms for
licensed foresters, landowners and groups of landowners seeking cost-
share funds pursuant to this chapter.


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