Illinois Administrative Code
Title 17 - CONSERVATION
Part 1515 - CONSERVATION RESERVE ENHANCEMENT PROGRAM (CREP)
Section 1515.50 - Payments
Universal Citation: 17 IL Admin Code ยง 1515.50
Current through Register Vol. 48, No. 38, September 20, 2024
Illinois CREP payments will be based upon the following formulas:
a) Illinois CREP Grant of Conservation Right and Easement Agreement Payments
1) The payment for an initial permanent
Illinois CREP Grant of Conservation Right and Easement will be a one-time
payment equal to the total number of acres enrolled, multiplied by the Illinois
CREP payment rate (calculated at the time of the preliminary agreement as the
weighted average of the individual federal CRP soil rental rates determined by
FSA associated with the three predominate soil map units within the Illinois
CREP Acreage, on a per acre basis, exclusive of any federal incentive
payments), multiplied by 30 years, multiplied by 15% to discount the partial
restrictions on the property.
2)
The payment for an initial 15-year Illinois CREP Grant of Conservation Right
and Easement Agreement will be a one-time payment equal to the total number of
acres enrolled, multiplied by the Illinois CREP payment rate (calculated at the
time of preliminary agreement as the weighted average of the individual Federal
CRP soil rental rates determined by FSA associated with the three predominate
soil map units within the Illinois CREP Acreage, on a per acre basis, exclusive
of any Federal CREP incentive payments), multiplied by 15 years, multiplied by
25% to discount the partial restrictions on the property.
3) The payment for a conversion of an
existing Illinois CREP Grant of Conservation Right and Easement Agreement to a
permanent Illinois CREP Grant of Conservation Right and Easement Agreement will
be a one-time payment equal to the total number of acres enrolled, multiplied
by the Illinois CREP payment rate (calculated at the time of the preliminary
agreement as the weighted average of the individual Federal CRP soil rental
rates as determined by FSA associated with the three predominate soil map units
within the Illinois CREP Acreage, on a per acre basis, exclusive of any federal
CREP incentive payments), multiplied by 30 years, multiplied by 15% to discount
the partial restrictions on the property, the total of which is reduced by the
amount equal to the original Illinois CREP Grant of Conservation Right and
Easement Agreement payment.
4) The
payment for a subsequent 15-year Illinois CREP Grant of Conservation Right and
Easement Agreement within the last 18 months of an existing Illinois CREP Grant
of Conservation Right and Easement Agreement will be a one-time payment equal
to the total number of acres enrolled, multiplied by the Illinois CREP payment
rate (calculated at the time of preliminary agreement as the weighted average
of the individual Federal CRP soil rental rates, as determined by FSA,
associated with the three predominate soil map units within the Illinois CREP
Acreage, on a per acre basis, exclusive of any Federal CREP incentive
payments), multiplied by 15 years, multiplied by 25% to discount the partial
restrictions on the property.
b) Illinois CREP Cost-Share Payments
1) Landowners who enroll in a new Illinois
CREP Grant of Conservation Right and Easement Agreement may receive cost-share
payments if their current Federal CREP contract provides a federal cost share
payment for the installation or maintenance of Federal CRP conservation
practices.
2) The Illinois CREP
cost-share payment will equal the cost-share payments provided by FSA to the
Landowner for the establishment of Federal CRP conservation practices on
Federal CREP Acreages.
c) Mechanics of Payment
1) The SWCD shall submit an invoice to IDNR
indicating the Illinois CREP Grant of Conservation Right and Easement Agreement
payment amount for the Landowner. Upon approval of the invoice, IDNR will
submit a payment to the SWCD. The Illinois CREP Grant of Conservation Right and
Easement Agreement payment will be distributed to the Landowner by the SWCD at
closing.
2) The SWCD will submit an
invoice to IDNR for the Illinois CREP cost-share payments. The Illinois CREP
cost-share invoice must include copies of the associated FSA cost-share forms
(FSA Cost-Share Agreement (FSA-848A) and FSA Cost-Share Performance
Certification and Payment (FSA-848B)). Upon approval of the invoice, IDNR will
submit a payment to the SWCD. Illinois CREP cost-share payments will be
distributed to the Landowner by the SWCD.
Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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