Nebraska Administrative Code Topic - BEGINNING FARMER BOARD
The Beginning Farmer Board in the Nebraska Administrative Code is responsible for administering programs that support beginning farmers and ranchers in the state. These programs include tax credit incentives, particularly under the Beginning Farmer Tax Credit Act (also known as the Nebraska Beginning Farmer Assistance Act).
Here’s an overview of the Nebraska Administrative Code (NAC) provisions related to the Beginning Farmer Board:
Nebraska Administrative Code – Beginning Farmer Board
Agency: Nebraska Department of Agriculture
Regulations Chapter: Title 286 – Beginning Farmer Board
Key Chapters in Title 286 NAC:
Chapter 1 – Rules and Regulations Governing the Beginning Farmer Tax Credit Act
Establishes rules for eligibility of both beginning farmers and asset owners.
Outlines the process for application, approval, and issuance of tax credit certificates.
Sets requirements for financial management courses.
Defines terms such as "beginning farmer," "owner of agricultural assets," and "custom farming."
Chapter 2 – Financial Management Program Requirements
Details the educational requirements beginning farmers must meet.
Lists approved financial management programs.
Requires proof of completion for program compliance.
Chapter 3 – Miscellaneous Provisions
Covers compliance, enforcement, and appeals processes.
Establishes guidelines for recordkeeping and audits.
Purpose of the Beginning Farmer Board:
Assist beginning farmers in acquiring access to land and agricultural assets.
Approve applications from:
Beginning farmers/ranchers seeking to rent or buy agricultural assets.
Owners of agricultural assets (such as landowners) who wish to lease or sell assets to beginning farmers in exchange for Nebraska state tax credits.
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