(a) The Commissioner of Agriculture shall administer a program providing eligible municipalities with a loan for the purchasing of agricultural lands. Such loan shall be for a period not to exceed five years and shall not be subject to interest. Municipalities shall be eligible for such loan if they provide not less than twenty per cent of the purchase price of such lands and may apply for such loan on a form prescribed by the Commissioner of Agriculture.
(b) There is established an account to be known as the “municipal purchasing of agricultural land account” which shall be a separate, nonlapsing account within the General Fund. The account may contain any moneys required by law to be deposited in the account. Moneys in the account shall be expended by the Commissioner of Agriculture for the purposes of providing municipalities with loans for the purchase of agricultural lands in accordance with subsection (a) of this section.
(c) The Commissioner of Agriculture may adopt regulations, in accordance with the provisions of chapter 54, setting forth the criteria for loans granted under this section, and the terms governing such loans.
(P.A. 07-131, S. 3.)
History: P.A. 07-131 effective July 1, 2007.
Structure Connecticut General Statutes
Title 22 - Agriculture. Domestic Animals
Chapter 422a - Agricultural Lands
Section 22-26aa. - State program for the preservation of agricultural land.
Section 22-26bb. - Definitions.
Section 22-26dd. - Maps of land use in state. To include soil types, crops and use classification.
Section 22-26gg. - Regulations.
Section 22-26hh. - Bond authorization.
Section 22-26ii. - Inspection of restricted land.
Section 22-26jj. - Acquisition of fee simple title to agricultural lands. Lease of property.
Section 22-26kk. - List of agricultural land whose development rights have been offered to state.
Section 22-26mm. - Municipal loan program. Account. Regulations.
Section 22-26qq. - Conservation or preservation restrictions on department lands.