; (B) by striking the period at the end and inserting ; and ; and (C) by adding at the end the following: (B) the Secretary shall consider the impact on the local farmland rental market. ; (2) in paragraph (2)— (A) by amending subparagraph (A) to read as follows: (A) In general (i) Initial enrollment The amounts payable to an owner or operator in the form of annual rental payments under a contract entered into under this subchapter with respect to land that has not previously been subject to such a contract shall be not more than 80 percent of the applicable estimated average county rental rate published pursuant to paragraph (4) for the year in which the contract is entered into. (ii) Multiple enrollments If land subject to a contract entered into under this subchapter is reenrolled in the conservation reserve under section 1231(h)(1)— (I) for the first such reenrollment, the annual rental payment shall be in an amount that is not more than 65 percent of the applicable estimated average county rental rate published pursuant to paragraph (4) for the year in which the reenrollment occurs; (II) for the second such reenrollment, the annual rental payment shall be in an amount that is not more than 55 percent of the applicable estimated average county rental rate published pursuant to paragraph (4) for the year in which the reenrollment occurs; (III) for the third such reenrollment, the annual rental payment shall be in an amount that is not more than 45 percent of the applicable estimated average county rental rate published pursuant to paragraph (4) for the year in which the reenrollment occurs; and (IV) for the fourth such reenrollment, the annual rental payment shall be in an amount that is not more than 35 percent of the applicable estimated average county rental rate published pursuant to paragraph (4) for the year in which the reenrollment occurs. ; and (B) in subparagraph (B), by striking In the case and inserting Notwithstanding subparagraph (A), in the case