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House Bill 111

Actions | Amendments

Last Action	to Appropriations & Revenue (S)
Title	AN ACT relating to the economic and environmental sustainability of forest lands.
Bill Documents	Bill
Bill Request Number	278
Sponsors	R. Nelson, D. Osborne
Summary of Original Version	Create a new section of KRS 149.330 to 149.355 to require the Division of Forestry to maintain a list of approved third-party forest certification programs; deem programs accredited by the Forest Stewardship Council, the American Tree Farm System, and the Sustainable Forestry Initiative as approved; allow family forest land owners who are third-party certified to apply for official recognition from the division; allow the division to collect reasonable fees; amend KRS 131.140 to require the Department of Revenue to advise property valuation administrations that a timber production assessment model should be used on recognized third-party certified family forest land; amend KRS 132.220 to require filing with property valuation administrators; amend KRS 149.330 to define "family forest land."
Index Headings of Original Version	Economic Development - Timber harvesting, third-party certified family forest land Forests and Forestry - Forest land, taxation of Forests and Forestry - Sustainability, PVA assessment model Taxation, Property - Forest land, assessments for Agriculture - Forest land, sustainability of
Proposed Amendments	House Committee Substitute 1
Votes	Vote History

Actions

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01/09/13	introduced in House
01/10/13	to Economic Development (H)
02/05/13	posted in committee
02/14/13	reported favorably, 1st reading, to Consent Calendar with Committee Substitute
02/15/13	2nd reading, to Rules
02/19/13	posted for passage in the Consent Orders of the Day for Thursday, February 21, 2013
02/21/13	3rd reading, passed 100-0 with Committee Substitute
02/22/13	received in Senate
02/26/13	to Appropriations & Revenue (S)

Proposed Amendments

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Amendment	House Committee Substitute 1
Summary	Delete provisions relating to tax assessments; require LRC staff to study ways to encourage forest certification and the economic and constitutional issues surrounding the tax assessment of forest land.
Index Headings	Economic Development - Timber harvesting, third-party certified family forest land Forests and Forestry - Forest land, taxation of Forests and Forestry - Sustainability, PVA assessment model Taxation, Property - Forest land, assessments for Agriculture - Forest land, sustainability of

Last updated: 8/27/2019 7:53 PM (EDT)