[Code of Federal Regulations]
[Title 7, Volume 7]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR701.30]

[Page 30]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 701--CONSERVATION AND ENVIRONMENTAL PROGRAMS--Table of Contents
 
                  Subpart--Forestry Incentives Program
 
Sec. 701.30  Eligible person, land, and ownerships.

    (a) An eligible person is a private individual, group, Indian Tribe 
or other native group, association, corporation excluding corporations 
whose stocks are publicly traded, or other legal entity which owns 
eligible land. Firms principally engaged in the manufacture of wood 
products are not eligible. However, forest landowners who manufacture 
forest products on a part-time or irregular basis, are eligible.
    (b) Eligible land is ``nonindustrial'' private forest land capable 
of producing at least 50 cubic feet of wood per acre per year.
    (c) Eligible farms are those not exceeding a total of 1,000 acres of 
eligible private nonindustrial forest land in the United States or any 
commonwealth, territory or possession of the United States. The State 
Committee with the concurrence of the State Forester may approve cost-
sharing with landowners owning more than 1,000 but not more than 5,000 
acres of eligible forest land where it is deemed to be to the public's 
significant benefit.
    (d) Significant public benefits are primarily those resulting from 
cost-effective timber production, with related benefits to aesthetics, 
recreation, other resource values, watershed protection and erosion 
reduction.