Bill > HB2816

This bill extends and modifies existing forest products harvest taxation for the calendar years 2026 and 2027, specifically adjusting three separate taxes levied on timber harvesting. The first tax, previously set at 90 cents per thousand board feet, will continue to support forest research and experimentation through the Forest Research and Experiment Account. The second tax, at 62.5 cents per thousand board feet, remains dedicated to fire suppression benefits. The third tax, previously at 253.46 cents per thousand board feet, will continue to fund administration of the Oregon Forest Practices Act, limited to 40 percent of approved expenditures. An additional tax will continue to support professional forestry education at Oregon State University's College of Forestry. The bill maintains existing provisions that exclude the first 25,000 board feet of annual harvest from taxation and requires the Legislative Assembly to review forest products harvest tax rates every two years. The bill will take effect 91 days after the adjournment of the 2025 regular legislative session, ensuring continued funding for critical forestry-related programs and research.

Budget and Finance

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2816