Subd. 1. Establishment.

The board may establish and administer a reinvest in Minnesota working lands program that is in addition to the program established under section 103F.515. Selecting land for the program must be based on the land's potential for:

1. (1) protecting or improving water quality;
2. (2) reducing erosion;
3. (3) improving soil health;
4. (4) reducing chemical inputs;
5. (5) improving carbon storage; and
6. (6) increasing biodiversity and habitat for fish, wildlife, and native plants.

Subd. 2. Applicability.

Section 103F.515 applies to this section except as otherwise provided in subdivisions 1, 3, and 4.

Subd. 3. Nature of property rights acquired.

Notwithstanding section 103F.515, subdivision 4, paragraph (a), the board may authorize managed haying and managed livestock grazing, perennial or winter annual cover crop production, forest management, or other activities that the board determines are consistent with section 103F.505 or appropriation conditions or criteria.

Subd. 4. Payments for easements.

The board must establish payment rates for acquiring easements and for related practices. The board must consider market factors as well as easement terms, including length and allowable uses, when establishing rates.