Bill > SB2073

This bill amends the Illinois Forestry Development Act to require the Department of Natural Resources (DNR) to include additional reporting details in its annual report to the General Assembly starting in 2025. Specifically, the bill mandates that the DNR's March 1 annual report must now include the amount of revenue received from the 4% timber harvest fee, which is collected under the Timber Buyers Licensing Act. The existing forest development cost share program, which allows timber growers with at least 10 contiguous acres to receive up to 80% cost-sharing for approved forest management practices, remains unchanged. The bill aims to increase transparency by providing lawmakers with more specific information about timber-related revenue. The reporting requirement is designed to give the General Assembly a clearer picture of the financial aspects of timber harvesting and forest management in Illinois. The bill becomes effective immediately upon passage.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2073&GAID=18&DocTypeID=SB&SessionID=114&GA=104