The Agricultural Act of 2014 establishes the Agricultural Conservation Easement Program (ACEP).
It repeals FRPP, GRP, and WRP but does not affect the validity or terms of any FRPP, GRP, or WRP contract, agreement or easement entered into prior to the date of enactment on February 7, 2014 or any associated payments required to be made in connection with an existing FRPP, GRP, or WRP contract, agreement or easement.
The Wetlands Reserve Program (WRP) is a voluntary program for the restoration and protection of wetlands on private property. Technical and financial assistance is provided in return for placing a conservation easement on the property either permanently or for a period of 30 years. Financial assistance is provided to landowners for restoration and enhancement practices that are implemented on the WRP easement.