Ill. Admin. Code tit. 17 § 1515.50

Current through Register Vol. 48, No. 45, November 8, 2024

Section 1515.50 - Payments

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.

Ill. Admin. Code tit. 17, § 1515.50

Amended at 35 Ill. Reg. 1636, effective January 14, 2011

Amended at 40 Ill. Reg. 5654, effective 3/16/2016

Amended at 46 Ill. Reg. 5986, effective 3/30/2022