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TeachMeFinance.com - explain Environmental Quality Incentives Program (EQIP) Environmental Quality Incentives Program (EQIP) The term 'Environmental Quality Incentives Program (EQIP) ' as it applies to the area of agriculture can be defined as ' A program created by the FAIR Act of 1996 to provide primarily cost-sharing assistance, but also technical and educational assistance, aimed at reducing soil, water, and related natural resource problems. The program replaces the Agricultural Conservation Program, the Water Quality Incentives Program, the Great Plains Conservation Program, and the Colorado River Basin Salinity Control Program. EQIP is authorized at $1.3 billion in mandatory spending over 7 years (total), with at least half of the funding targeted to environmental concerns associated with livestock production; spending in general is to be targeted to state-designated priority areas. EQIP is to be operated to maximize the environmental benefits per dollar expended'. Previous 5 Terms: Environmental media and transport mechanism Environmental Protection Agency (EPA) Environmental Protection Agency (EPA) Environmental protection agency (EPA) certification files Environmental qualification Next 5 Terms: Environmental restoration Environmental restrictions Environmental Temperature Sounding enzyme enzymology About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.