§ 1305. — Renewal or extension of agreement; participation of subsequent owner or operator in program.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC1305]
TITLE 16--CONSERVATION
CHAPTER 29--WATER BANK PROGRAM FOR WETLANDS PRESERVATION
Sec. 1305. Renewal or extension of agreement; participation of
subsequent owner or operator in program
Any agreement may be renewed or extended at the end of the agreement
period for an additional period of ten years by mutual agreement of the
Secretary and the owner or operator, subject to any rate redetermination
by the Secretary. If during the agreement period the owner or operator
sells or otherwise divests himself of the ownership or right of
occupancy of such land, the new owner or operator may continue such
agreement under the same terms or conditions, or enter into a new
agreement in accordance with the provisions of this chapter, including
the provisions for renewal and adjustment of payment rates, or he may
choose not to participate in such program.
(Pub. L. 91-559, Sec. 6, Dec. 19, 1970, 84 Stat. 1471.)
One-Year Extension of Agreements
Pub. L. 103-393, Oct. 22, 1994, 108 Stat. 4105, provided that:
``SECTION 1. SHORT TITLE.
``This Act may be cited as the `Water Bank Extension Act of 1994'.
``SEC. 2. SPECIAL AUTHORITY TO EXTEND WATER BANK ACT AGREEMENTS.
``(a) Subject to subsection (b), any agreement entered into under
the Water Bank Act (16 U.S.C. 1301 et seq.) and due to expire on
December 31, 1994, may be extended for 1 year under section 6 of the
Water Bank Act (16 U.S.C. 1305).
``(b) The authority to extend Water Bank Act agreements under this
Act may only be exercised to the extent that the amount available for
obligation under the Wetlands Reserve Program (16 U.S.C. 1637 et seq.)
[probably means 16 U.S.C. 3837 et seq.], and the amount used for the
extension of Water Bank Act agreements under subsection (a), does not
exceed $93,200,000 as provided for the Wetlands Reserve Program under
the Agricultural, Rural Development, Food and Drug Administration, and
Related Agencies Appropriations Act, 1995 [Pub. L. 103-330, 108 Stat.
2453].''
