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1998 SESSION

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HB 657 Forest products tax.

Introduced by: V. Earl Dickinson | all patrons    ...    notes | add to my profiles

SUMMARY:

Forest products tax. Provides an alternative method of paying the forest products tax based on weight. Currently, the tax is based on various volume measurements, such as board footage, cords, number of pieces, bundle size, etc. It also changes the method used by the State Forester in determining the revenues to be collected from the tax each biennium from an estimate of future revenues to the actual past revenues collected. At the election of the taxpayer, the amounts credited to the Reforestation of Timberlands State Fund may be based on weight.


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