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Farmland Preservation Agreements In An Agricultural Enterprise Area
WI DATCP Farmland Preservation Information and Agreements Website
NEW! Farmland Preservation Program Legislative Updates
On December 6, 2023, Governor Evers signed Assembly Bill 133, now Wisconsin Act 42, which makes changes to farmland preservation agreements minimum term lengths and increasing farmland preservation tax credits for all current participants. These changes go into effect starting on December 8, 2023 and will affect tax credit claims beginning tax year 2023.
Check out the Legislative Updates to the Farmland Preservation Program handout for more information.
Enrolling lands in a new FP Agreement
A farmland preservation agreement is a 10-year agreement between a landowner and the state to keep the covered land in agricultural use and to meet the state soil and water conservation standards. Prior to December 8, 2023, effective farmland preservation agreements were a minimum of 15-year agreements. In return, individuals who own land covered by a farmland preservation agreement may claim the farmland preservation tax credit at either $10.00 per acre or $12.50 per acre if the land is also located in a farmland preservation zoning district. To enter into a farmland preservation agreement, land must also be located within one of the state’s Agricultural Enterprise Areas.