; (B) the take will be incidental to an otherwise lawful activity and will be in accordance with the terms of the agreement; (C) the actions taken under the agreement will not appreciably reduce the likelihood of survival and recovery of an endangered species or threatened species; and (D) the agreement includes such monitoring and reporting requirements as reasonably necessary for determining whether the terms and conditions of the agreement are being complied with. (3) Effective date of the permit A permit issued under subsection (a)(1)(C) shall take effect on the day of issuance for species covered by the agreement. . 5. Financial assistance Section 10 of the Endangered Species Act of 1973 ( 16 U.S.C. 1539 ) (as amended by section (4)) is further amended by adding at the end the following: (m) Financial assistance (1) In general In cooperation with the States and subject to the availability of appropriations, the Secretary may provide a grant of up to $10,000 to any individual private landowner to assist the landowner in carrying out a candidate conservation agreement with assurances or safe harbor agreement under this subsection. (2) Prohibition on assistance for required activities The Secretary may not provide assistance under this paragraph for any action that is required by a permit, candidate conservation agreement with assurances, or safe harbor agreement under this Act or that is otherwise required under this Act or other Federal law. (3) Other payments A grant provided to an individual private landowner under this paragraph shall be in addition to, and not affect, the total amount of payments that the landowner is otherwise eligible to receive under Federal law. .