MI HB4380

Amends the qualified forest property tax exemption process by modifying the definition of "qualified forester" to include individuals registered under former article 21 of the occupational code, with this provision expiring 7 years after the act's effective date.

Maintains the existing qualified forest property exemption structure allowing up to 640 acres per tax collecting unit to be exempt from school operating taxes when subject to an approved forest management plan.

Requires property owners to submit forest management plans prepared by qualified foresters, pay a $50 fee for initial and subsequent plan submissions (with the first amendment exempt from fees), and obtain department approval within 90 days.

Imposes annual 2-mill fees on exempt qualified forest property deposited into the private forestland enhancement fund, and requires owners to report forest practices and timber harvests annually or face $500 fines.

Takes effect only upon enactment of Senate Bill 481, Senate Bill 484, and House Bill 4379 of the 97th Legislature.