Classifies forestry equipment as Class I property for tax purposes, exempting it from sales and service tax.

This bill reclassifies forestry equipment as Class I property for tax purposes, aligning it with agricultural equipment. It includes skidders, feller-bunchers, and other forestry machinery. The bill also exempts the sale of forestry equipment from the sales and service tax, effective July 1, 2026. This aims to support West Virginia's forestry industry by providing tax benefits and recognizing forestry as a component of agriculture.

Classifies forestry equipment as Class I property for tax purposes, exempting it from sales and service tax.

This bill reclassifies forestry equipment as Class I property for tax purposes, aligning it with agricultural equipment. It includes skidders, feller-bunchers, and other forestry machinery. The bill also exempts the sale of forestry equipment from the sales and service tax, effective July 1, 2026. This aims to support West Virginia's forestry industry by providing tax benefits and recognizing forestry as a component of agriculture.