Sec. 2. Acceptance and use of contributions for public-private partnerships
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Section 1241(f) of the Food Security Act of 1985 ( 16 U.S.C. 3841(f) ) is amended— in the subsection heading, by inserting after for public-Private partnerships ; contributions by amending paragraph
(1)to read as follows: The Secretary, acting through the Natural Resources Conservation Service, may establish a sub-account for each covered program to accept contributions of non-Federal funds for the purposes of addressing the changing climate, sequestering carbon, improving wildlife habitat, protecting sources of drinking water, and addressing other natural resource priorities identified by the Secretary. ; in paragraph (2), by striking a conservation program administered by the Secretary under subtitle D and inserting a covered program ; and by adding at the end the following: The Secretary may provide matching funds for contributions received under this subsection, subject to the availability of funding under subsection
(a)for the applicable covered program. An entity contributing funds under this subsection may— designate the covered program for which the contributed funds are intended to be used; and specify the geographic area in which the contributed funds are intended to be used. The Secretary shall establish a procedure under which an entity making a significant contribution may— identify a natural resource concern the contributed funds are to be used to address; and have the name or brand of the individual or entity associated with the use of the contributed funds. In selecting producers to carry out, through a covered program, an activity funded pursuant to this subsection, the Secretary shall give priority to— socially disadvantaged farmers or ranchers, as defined in section 355(e) of the Agricultural Act of 1961 ( 7 U.S.C. 2003 ); limited resource farmers or ranchers, as determined by the Secretary; and beginning farmers or ranchers. If an activity funded pursuant to this section may result in environmental services benefits to be sold through an environmental services market, the producer carrying out the activity and the entity that contributed the applicable funds shall negotiate a mutually beneficial sale of such benefits. An easement funded pursuant to this subsection shall be subject to the requirements of the covered program for which the contributed funds were used, except that the Secretary may modify such requirements, as they apply to the easement, for the purpose of addressing climate change, as the Secretary determines appropriate. In this subsection: The term covered program means a program carried out by the Secretary under— subtitle D, subtitle H, or subtitle I; section 403 of the Agricultural Credit Act of 1978 ( 16 U.S.C. 2203 ); title V of the Healthy Forests Restoration Act of 2003 ( 16 U.S.C. 6571 et seq. ); or the Watershed Protection and Flood Prevention Act ( 16 U.S.C. 1001 et seq. ), except for any program established by the Secretary to carry out section 14 of such Act ( 16 U.S.C. 1012 ). The term significant contribution means a contribution under this subsection of at least a minimum dollar amount established by the Secretary. .
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Sec. 2
Acceptance and use of contributions for public-private partnerships
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