WILLIAM DONALD SCHAEFER, Governor

(2) THE AMOUNT COMMITTED BY THE FOUNDATION ON
BEHALF OF THE COUNTY UNDER GENERAL ALLOTTED PURCHASES OF
EASEMENTS AS PROVIDED IN § 2-508(B)(l) OF THIS SUBTITLE AFTER
BOTH OFFER CYCLES FOR THE FISCAL YEAR IN WHICH EASEMENT
PURCHASES ARE MADE.

(B) THE DISTRIBUTION UNDER THIS SECTION SHALL BE MADE
WITHIN 60 DAYS OF THE END OF EACH FISCAL YEAR.

(C) IF THE MONEYS REMAINING IN THE MARYLAND
AGRICULTURAL LAND PRESERVATION FUND AT THE END OF THE
FISCAL YEAR ARE INSUFFICIENT TO DISTRIBUTE THE TOTAL AMOUNT
APPLIED FOR UNDER SUBSECTION (A) OF THIS SECTION, THE MAXIMUM
AMOUNT THAT MAY BE DISTRIBUTED TO ANY CERTIFIED COUNTY IS:

(1) THE TOTAL SUM AVAILABLE DIVIDED BY THE NUMBER OF
COUNTIES APPLYING FOR ADDITIONAL FUNDS UNDER THIS SECTION;

LESS

(2) THE AMOUNT COMMITTED BY THE FOUNDATION ON
BEHALF OF THE COUNTY UNDER GENERAL ALLOTTED PURCHASES OF
EASEMENTS AS PROVIDED IN § 2-508(B)(l) OF THIS SUBTITLE IN BOTH
OFFER CYCLES FOR THE FISCAL YEAR IN WHICH EASEMENT PURCHASES
ARE MADE.

(D) A COUNTY MAY USE THE ADDITIONAL FUNDS DISTRIBUTED
UNDER THIS SECTION ONLY FOR AN APPROVED AGRICULTURAL LAND
PRESERVATION PROGRAM FOR THE PURPOSES STATED UNDER § 2-512
OF THIS SUBTITLE, INCLUDING USE FOR BOND ANNUITY FUNDS,
COLLATERALIZING LOANS, OR MATCHING FUNDS.

2-510.

(a) An owner of agricultural land located in an agricultural district established
under this subtitle may offer by written application to sell an easement to the
foundation on the entire contiguous acreage of such agricultural land.

(b) In order to be considered by the foundation, an application to sell shall:

(1) Be received by the board not later than July 1 for the first offer cycle or
January 1 for the second offer cycle of the fiscal year in which the application is to be
considered;

(2) IF THE APPLICANT INTENDS TO SEEK REIMBURSEMENT
FOR THE APPRAISAL APPRAISALS REQUIRED TO DETERMINE STATE
EASEMENT VALUE, INCLUDE AN APPRAISAL THAT CONFORMS TO
GUIDELINES ESTABLISHED BY THE DEPARTMENT OF GENERAL
SERVICES FOR BOTH THE FAIR MARKET VALUE OF THE LAND AND THE
AGRICULTURAL VALUE OF THE LAND BY AN APPRAISER APPROVED BY
THE DEPARTMENT OF GENERAL SERVICES;

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