Introduced
by
To establish and revise procedures for entering or transferring property to or from one government program that gives property tax breaks to owners of large commercial forest properties to another program that gives tax breaks to owners of smaller forested parcels. This is part of a package comprised of Senate Bills 651 to 653 that would create a “transitional qualified forest property specific tax”.
Referred to the Committee on Natural Resources
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed in the Senate 37 to 0 (details)
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 104 to 4 (details)
To establish and revise procedures for entering or transferring property to or from one government program that gives property tax breaks to owners of large commercial forest properties to another program that gives tax breaks to owners of smaller forested parcels. This is part of a package comprised of Senate Bills 651 to 653 that would create a “transitional qualified forest property specific tax”.
