Bill
Bill > S483
MA S483
Relative to encouraging the growth of a healthy forest and wood products sector in Massachusetts
summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation relative to encouraging the growth of a healthy forest and wood products sector in Massachusetts. Environment, Natural Resources and Agriculture.
AI Summary
This bill aims to encourage the growth of a healthy forest and wood products sector in Massachusetts. The key provisions are:
1. Establishing a program to assist the Commonwealth in acquiring "forest products preservation restrictions" for land actively used for forestry and lumbering activities, with the Commonwealth holding title to these restrictions.
2. Creating tax credits for businesses engaged in growing and harvesting forest products, including credits for up to 75% of the market value (up to $100,000) for sustainable forest business plans, investments, and value-added primary forest product projects.
3. Establishing a "forest management tax credit" equal to 100% of the fair market value of investments made by forest landowners for forest management or stewardship plans.
4. Expanding the definition of "agriculture" to include forestry and lumbering activities, and creating a new "Director of Commercial Forestry" position to promote the forestry and lumbering sector.
5. Providing funding for an enhanced mechanized timber harvesting education program and the production of a public education video on forest ecosystems, wildlife management, and partnerships between the timber industry and state agencies.
Committee Categories
Agriculture and Natural Resources
Sponsors (5)
Last Action
Accompanied a study order, see S2540 (on 02/18/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/S483 |
Bill | https://malegislature.gov/Bills/191/S483.pdf |
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