As used in this subpart, unless the context otherwise requires:

1. 1. “Agricultural development board” means the agricultural development board created in section 16.2C.
2. 2. “Agricultural lease agreement” or “agreement” means an agreement for the transfer of agricultural assets from an eligible taxpayer to a qualified beginning farmer as provided in section 16.79A.
3. 3. “Department” means the department of revenue.
4. 4. “Eligible taxpayer” means a taxpayer who may participate in the beginning farmer tax credit program, including by meeting all the criteria as provided in section 16.79.
5. 5. “Program” means the beginning farmer tax credit program created pursuant to section 16.78.
6. 6. “Qualified beginning farmer” means a beginning farmer as defined in section 16.58 who meets the requirements to participate in a beginning farmer tax credit program as provided in section 16.79.
7. 7. “Tax credit” means the beginning farmer tax credit allowed under section 16.82.

2019 Acts, ch 161, §6, 18, 19; 2021 Acts, ch 177, §59, 67