Definitions.

As used in this subpart , unless the context otherwise requires: 1. “Agricultural development board” means the agricultural development board created in section 16.2C . 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. “Department” means the department of revenue. 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. “Program” means the beginning farmer tax credit program created pursuant to section 16.78 . 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. “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