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OR HB2072
Bill
AI Summary
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Extends forest products harvest tax rates for calendar years 2026 and 2027, continuing a 90-cent per thousand board feet tax for forest research and experimentation, and a 62.5-cent tax for fire suppression benefits
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Increases the Oregon Forest Practices Act administration tax from 253.46 cents to 265.44 cents per thousand board feet, covering up to 40% of total expenditures approved by the Legislative Assembly
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Maintains a 21-cent per thousand board feet tax to fund professional forestry education at Oregon State University's College of Forestry
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Exempts the first 25,000 board feet harvested annually by any taxpayer from all forest products harvest taxes
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Takes effect on the 91st day after the 2025 regular legislative session adjourns
Legislative Description
Relating to forest products harvest taxation; prescribing an effective date; and providing for revenue raising that requires approval by a three-fifths majority.
Last Action
Chapter 474, (2025 Laws): Effective date September 26, 2025.
8/7/2025