2003 House Bill 4701

Tax breaks for certain woodlots

Introduced in the House

May 15, 2003

Introduced by Rep. Bruce Caswell (R-58)

To authorize a qualified agricultural property tax exemption to include wooded property of 40 acres or more that is not contiguous to the property on which there is an agricultural exemption. The land could not be used for residential rentals, commercial logging operations, or primarily for the management and harvesting of a woodlot.

Referred to the Committee on Tax Policy