(a) In this subtitle the following words have the meanings indicated.

(b) “Department” means the Department of Natural Resources.

(c) “Grant Fund” means the Land Trust Grant Fund established under § 3-2A-02 of this subtitle.

(d) “Land trust” means a qualified conservation organization that:

(1) Is a qualified organization under § 170(h)(3) of the Internal Revenue Code and regulations adopted under § 170(h)(3); and

(2) Has executed a cooperative agreement with the Maryland Environmental Trust.

(e) “Trust” means the Maryland Environmental Trust.