APPLICATIONS AND ADMINISTRATION.

SEC. 1468. APPLICATIONS AND ADMINISTRATION. (a) Applications.— In applying for assistance under this chapter an eligible State shall— (1) prepare and submit, to the Secretary, an application at such time, in such manner, and containing such information as the Secretary shall require; (2) agree that the State trust fund will use any Funds provided by the Secretary under this chapter in a manner which is consistent with the chapter and the regulations promulgated by the Secretary; and (3) agree to comply with any other requirements set forth in agreements with the Secretary or as the Secretary may prescribe by regulation. (b) Annual Applications.— Eligible States may apply for Federal assistance under this chapter on an annual basis. (c) Match and Maximum Amount.— The total amount of any guarantees provided by the Secretary under this program shall not exceed an amount that is equal to double the amount that each eligible State shall make available for acquiring interests in land to protect and preserve important farmlands for future agricultural104 STAT. 3619 use but in no event shall the total Federal share exceed $10,000,000 in any fiscal year for any given State.