This bill proposes amendments to the existing timber tax laws, specifically increasing the limits of wood or wood chips that landowners can use for personal or land conservation purposes without being subject to the timber tax. The changes include increasing the board feet of logs that can be cut from one's own land for personal construction projects from 10,000 to 15,000 board feet, and for personal consumption as fuel wood from 20 to 30 cords. Additionally, the bill allows for up to 300 tons of whole tree chips for land conversion purposes, an increase from the previous unspecified amount.

The bill also includes gender-neutral language by replacing "he" with "the person" and adding "or her" after instances of "his." These changes apply to individuals using timber for their own buildings, those engaged in clearing for utility or transportation services, and those cutting wood or timber for land conversion purposes. The act is set to take effect on July 1, 2024, as indicated by its approval date of May 14, 2024, and the effective date mentioned at the end of the document.

Statutes affected:
Introduced: 79:1
As Amended by the Senate: 79:1
Version adopted by both bodies: 79:1
CHAPTERED FINAL VERSION: 79:1