Definition of Wetlands Reserve Program (WRP)

0-9
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search

TeachMeFinance.com - explain Wetlands Reserve Program (WRP)



Wetlands Reserve Program (WRP)

The term 'Wetlands Reserve Program (WRP) ' as it applies to the area of agriculture can be defined as ' A program authorized by FACT Act of 1990 to provide long-term protection for wetlands. Producers enrolling in the program must agree to implement an approved wetlands restoration and protection plan. In return, participating producers receive payments based on the difference in the value of their land caused by placing an easement on a portion of it. The FAIR Act of 1996 limits enrollment of the WRP to 975,000 acres. USDA is required to divide new enrollments among permanent easements, 30-year easements, and restoration cost-share agreements. Previously, all enrollment had been permanent easements'.

Previous 5 Terms:
Wet-Bulb Temperature
wether
Wetland
wetlands
Wetlands
Next 5 Terms:
Wet-milling
Wetted perimeter
wey
WFO
WFP




About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.