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AL SB69
Bill
AI Summary
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Defines "economic incentive" as any direct price subsidy made available by the state to support purchase of raw forest products, excluding benefits under existing statutory programs.
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Defines "raw forest product" as any raw material harvested or recovered from forest wood or wood waste at its initial conversion.
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Requires any economic incentive granted on or after July 1, 2011, to persons or entities engaged in commercial use of raw forest products be extended equitably to all raw forest product users in Alabama.
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Effective date is July 1, 2011, upon passage and approval by the Governor or upon otherwise becoming law.
Legislative Description
Raw forest products, commercial use, equitable economic incentives for all users
Forest Products
Last Action
Pending third reading on day 5 Favorable from Agriculture, Conservation, and Forestry with 1 amendment
6/1/2011