MI HB4913

Establishes withdrawal application fee of $1.00 per acre for commercial forestland, with minimum of $200.00 and maximum of $1,000.00 per application.

Calculates withdrawal penalty based on acres withdrawn, county valuation, township millage rates, years designated as commercial forestland (maximum 7 years), and county-specific multipliers ranging from 0.2 to 0.8.

Exempts from fees and penalties commercial forestland that is donated to public bodies, exchanged for public property, or condemned for public use.

Exempts from fees and penalties land that meets ad valorem property tax exemption requirements if the original owner submits the application and reimburses the state for taxes paid on the land.

Requires the Department to publish valuation calculations, inflation-adjusted values, and average millage rates for each county on its website.