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2015 Regular Session
Overview
At the request of:
Chief Sponsors: Representative Holvey
Regular Sponsors: (Presession Filed)
Bill Title: Relating to a severance tax on the harvest of timber; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.
Catchline/Summary: Imposes tax on harvest of timber from forestlands in Oregon of $10 per thousand feet, board measure, to fund fire suppression, to fund watershed conservation and for distribution to counties.
Imposes severance tax on harvest of timber from forestlands in Oregon at rate of $19 per thousand feet, board measure, to fund income tax credit for milling of logs in Oregon, to fund fire suppression and for distribution to counties.] Applies to tax years beginning on or after January 1, 2016. Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact: Fiscal Impact Issued
Revenue Impact: Revenue Impact Issued
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In House Committee
Current Committee: Joint Committee On Ways and Means
Current Subcommittee:
Subsequent Referral(s):
Measure History
Scheduled Events