SB 6850 - DIGEST

 

     Provides that processing facilities that purchased timber from state and local government lands for more than five years prior to January 1, 2000, may continue to do so at their historic levels, notwithstanding any changes in their ownership after January 1, 2000, if their owners enter into agreements with the state department of revenue to ensure that timber from state and local government lands purchased for those facilities is not processed by ineligible facilities.

     Provides that processing facilities eligible to purchase unprocessed timber from federal land within a sourcing area approved by the United States forest service may purchase unprocessed timber from state and local government lands within the boundaries of their federally approved sourcing area, if their owners enter into agreements with the state department of revenue to ensure that the timber from state and local government lands purchased for those facilities is not processed by ineligible facilities.