HB 401/LM (BR 1224) - R. Nelson
AN ACT relating to forest lands.
Create working group to set guidelines for reassessing managed forestland by the "cash rent" method; authorize the creation of Classified Stewardship Forest status through compliance with forest stewardship or management plans; provide that status makes privately-owned forestland eligible for reassessment by local property valuation administrators; provide for withdrawal from classified status by payment of back taxes; direct the Division of Forestry to perform periodic inspections to ensure compliance; create process for involuntary termination of classified status.
Feb 10-introduced in House
Feb 11-to Natural Resources and Environment (H)