Classifying forestry equipment for levy purposes

Summary

The bill reclassifies certain forest‑harvesting machines owned by producers as Class I personal property for property tax purposes, and it exempts the sale and service of that equipment from the state’s consumer sales tax. It applies to equipment such as skidders, feller‑bunchers, forwarders, loaders and related trailers, provided the owner is the forest product producer. The changes aim to lower tax costs for the state’s forestry industry.

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