Loading chat...
OR HB2816
Bill
AI Summary
-
Extends three privilege taxes on harvesting merchantable forest products on Oregon forestlands for calendar years 2026 and 2027, replacing the expiring 2024-2025 tax period
-
Continues a tax (rate to be determined) per thousand board feet for forest resource research, experimentation, and the Forest Research Laboratory
-
Maintains a 62.5 cents per thousand board feet tax for fire suppression benefits
-
Continues a tax (rate to be determined) per thousand board feet to fund Oregon Forest Practices Act administration, capped at 40% of total approved expenditures
-
Continues a tax (rate to be determined) per thousand board feet to fund professional forestry education at Oregon State University's College of Forestry
-
First 25,000 board feet harvested annually by any taxpayer is exempt from these taxes
-
Takes effect on the 91st day following adjournment of the 2025 legislative session; requires three-fifths majority approval as a revenue-raising measure
Legislative Description
Relating to forest products harvest taxation; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.
Last Action
In committee upon adjournment.
6/27/2025