§ 113A-181. Limitation of payments. - North Carolina Statutes

§ 113A‑181. Limitation of payments.

(a)        An eligible landowner may receive forest development costsharing payments for satisfactory completion of approved practices asdetermined by the Secretary, except that the Secretary shall approve noassistance in an amount exceeding the lesser of (i) a sum equal to sixtypercent (60%) of the landowner's actual per acre cost incurred in implementingthe approved practice or (ii) a sum equal to sixty percent (60%) of theprevailing per acre cost as determined by the Secretary under G.S. 113A‑180(3)for implementing that approved practice.

(b)        The maximum amount of forest development cost sharing fundsallowed to any landowner in one fiscal year will be the amount required tocomplete all approved practices on 100 acres of land at the prevailing costsharing rate established under G.S. 113A‑181(a).

(c)        Eligible landowners may not use State cost sharing funds iffunds from any federal cost sharing program are used on the same acreage forforestry practices during the same fiscal year. (1977, c.  562, s. 6.)