Introduced
by
To not impose a property tax "recapture” charge assessed when property is withdrawn from a program granting tax exemptions to owners of large tracts of forest generally grown for "industrial" uses (like paper mills), if the property is entered into a similar "qualified forest" tax break program for private owners of smaller parcels. The program for the larger "industrial" forests requires owners to grant public recreational access, while the small-owner one does not. See also House Bill 4320.
Referred to the Committee on Natural Resources
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the House 98 to 12 (details)
Referred to the Committee on Natural Resources, Environment, and Great Lakes
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
To not impose a property tax "recapture” charge assessed when property is withdrawn from a program granting tax exemptions to owners of large tracts of forest generally grown for "industrial" uses (like paper mills), if the property is entered into a similar "qualified forest" tax break program for private owners of smaller parcels. The program for the larger "industrial" forests requires owners to grant public recreational access, while the small-owner one does not. See also House Bill 4320.
