Current through October 15, 2024
Section 250-RICR-110-00-8.5 - DefinitionsA. For the purposes of these regulations, the following terms shall have the following meanings: 1. "Affordable transfer" means a sale or lease of a farm property that would be possible by a reasonable number of small and beginning farmers operating a profitable agricultural business in Rhode Island and seeking to purchase or lease said farm property.2. "Agricultural value" means the fair market value of a farm property permanently protected with an agricultural deed restriction plus the fair market value of any residential dwellings or any permitted dwelling unit area on the property as determined by an appraisal conducted by a certified appraiser.3. "Beginning farmer" means a farmer who has operated or managed any farm property for 10 years or less.4. "Committee" means the State Farmland Access Advisory Committee, as outlined in § 8.9(C) of this Part.5. "Department" or "DEM" means the Rhode Island Department of Environmental Management.6. "Director" means the Director of the Rhode Island Department of Environmental Management.7. "Farm property" means a property, together with any associated improvements, that is suitable for the production of agricultural products.8. "Land acquisition committee" means an internal committee of the Rhode Island Department of Environmental Management comprised of the Associate Director of Natural Resources and division chiefs with natural resource responsibilities.9. "Profitable agricultural business" means a self-sustaining business that is based on the production and sale of one or more agricultural products.10. "Small farmer" means a farmer with annual gross farm revenues (gross cash farm incomes) not exceeding $350,000 in either of the two previous years.250 R.I. Code R. 250-RICR-110-00-8.5