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September 4, 2007
Contact:
Anna Gustafson
717-787-2637
Back
Senate
Update
by
Senator James J. Rhoades
Pennsylvania has a rich agricultural heritage, and agriculture
remains one of the state's most important industries. Our state was the first in
the nation to create a farmland preservation program, and several states have
followed our lead. This summer, I supported legislation that creates another
first-of-its-kind program to promote our agriculture community.
The Resource Enhancement and Protection (REAP) program will help
farmers meet state and federal environmental regulations by offering tax credits
to support nutrient management. The program will allow farmers to reduce
nutrient loss while improving water quality for all Pennsylvanians.
REAP will provide tax credits of up to $150,000 to help farmers
plan and implement best management practices. These measures may include
barnyard and livestock area renovations, planning and implementation of nutrient
management plans, stream bank fencing and other cost-effective conservation
projects. These critical on-the-ground conservation projects are an important
tool for farmers to clean up the environment and improve their operations.
REAP tax credits also provide farmers with considerable
financial flexibility. Credits can be carried over for a maximum of 15 years and
will cover between 25 and 75 percent of the project cost. They are also
transferable, meaning that a business or individual can sponsor a project and
receive a tax credit, reducing the up-front costs for farmers and providing more
opportunities for improvements. Credits can also be sold to individuals and
businesses when farmers cannot take full advantage of the financial benefits of
the program.
While REAP is focused on improving agriculture operations, all
Pennsylvanians will benefit from the program through improved water quality in
our communities. By reducing run-off, REAP will improve the quality of our
streams and provide cleaner drinking water across the state, making it one of
the most important water quality measures enacted in our state's history.
Our farming operations drive Pennsylvania's economy, and we
remain a national leader in helping our farmers operate efficiently and
effectively. I am confident that the REAP program will become a national model
for improving nutrient management and water quality in the near future.
Senator Rhoades represents the 29th
Senatorial District, which includes all of Schuylkill County
and parts of Berks, Carbon, Lehigh, Monroe and Northampton
Counties.
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