VT H0085

Expands the existing sales tax and purchase and use tax exemptions for forestry equipment to include motor trucks, motor vehicles, semi-trailers, tractors, truck cranes, truck tractors, and trailers used in forestry operations

Broadens the definition of qualifying forestry activities to include transportation of equipment, timber, or other solid wood forest products intended for retail sale, in addition to timber cutting, removal, and processing

Requires the Department of Motor Vehicles to publish guidance on applying the purchase and use tax exemption, and the Department of Taxes to publish guidance on the sales tax exemption

Takes effect upon passage