substantial farmland
(E)For purposes of this paragraph, the term “substantial farmland” means any parcel of land unless such parcel is smaller than 30 percent of the median size of a farm in the county in which such parcel is located. (F)For purposes of this paragraph, in no event may the amount of financing provided by reason of this paragraph to a first-time farmer for personal property— (i)of a character subject to the allowance for depreciation, (ii)the original use of which does not begin with such farmer, and (iii)which is to be used for farming purposes, (G)For purposes of this paragraph and section 144(a), the acquisition by a first-time farmer of land or personal property from a related person (within the meaning of) shall not be treated as an acquisition from a related person, if— (i)the acquisition price is for the fair market value of such land or property, and (ii)subsequent to such acquisition, the related person does not have a financial interest in the farming operation with respect to which the bond proceeds are to be used. (H)In the case of any calendar year after 2008, the dollar amount in subparagraph (A) shall be increased by an amount equal to— (i)such dollar amount, multiplied by (ii)the cost-of-living adjustment determined under section 1(f)(3) for the calendar year, determined by substituting “calendar year 2007” for “calendar year 2016” in subparagraph (A)(ii) thereof.