2005 House Bill 5457

Tax breaks for productive forestland

Introduced in the House

Nov. 29, 2005

Introduced by Rep. Judy Emmons (R-70)

To require all or part the tax breaks on productive forestland proposed by House Bill 5462 to be repaid if the property is removed from forestry in less than 40 years, with the exact repayment amount depending on how long the property has remained in forestry. This is part of a commercial forestry incentive package comprised of Senate Bills 912 to 919 and House Bills 5453 to 5468 and 5462.

Referred to the Committee on Conservation, Forestry, and Outdoor Recreation

Feb. 3, 2006

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Feb. 7, 2006

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Feb. 8, 2006

Passed in the House 65 to 40 (details)

Received in the Senate

Feb. 9, 2006

Referred to the Committee on Agriculture, Forestry, and Tourism