Assembly Bill 707 proposes amendments to the statutes governing managed forest land (MFL) in Wisconsin, specifically focusing on the recording fees associated with the transfer and withdrawal of MFL designations. The bill stipulates that the $100 transfer fee and the $300 withdrawal fee will be deposited into the conservation fund and credited to the Department of Natural Resources (DNR) appropriation for the payment of fees to registers of deeds. This change aims to streamline the financial processes related to MFL transactions and ensure that the funds are appropriately allocated.

Additionally, the bill modifies the language regarding the management of transferred MFL properties. It clarifies that the transferee must file a form with the DNR within 30 days of ownership transfer, certifying their intent to comply with the existing management plan. The amendments also specify that the withdrawal fee assessed by the department will be $300, with the same allocation to the conservation fund and DNR appropriation. Overall, the bill seeks to enhance the management and financial structure of the MFL program while ensuring compliance with forestry practices.

Statutes affected:
Bill Text: 20.370(2)(cr), 20.370, 77.88(2)(ac)1, 77.88, 77.88(5m)