Establishes sales and use tax exemptions for commercial forest product operations and creates a new motor vehicle registration for "forestry.
This bill establishes sales and use tax exemptions for commercial forest product operations and creates a new motor vehicle registration for "forestry vehicles". Exempt would be machinery and equipment to include, but not limited to: sawmills, tractors, forklifts, log skidders, chainsaws and power generators. Additionally, the act would create a new motor vehicle registration for "forestry vehicles" and would provide that all forestry product operations machinery, including motor vehicles with forestry registration plates would be exempt from taxation.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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