The Department may establish requirements for the voluntary certification and registration of nutrient or sediment credits on agricultural land, as defined by the Department of Assessments and Taxation. Certification and registration requirements established under subsection (a) of this section shall include: Application and eligibility requirements for certification; Standards for quantifying nutrient or sediment credits resulting from any existing or proposed agronomic, land use, and structural practice; Requirements governing the duration and maintenance of credits; and Establishment of a credit registry accessible to the public.