ENROLLED
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Regular Session, 2013
HOUSE BILL NO. 166
BY REPRESENTATIVE ANDERS
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
AN ACT1
To amend and reenact R.S. 47:633(1), (2), and (3), relative to the severance tax; to provide2
relative to the severance tax on trees, timber, and pulpwood; to provide relative to3
the valuation of such natural resources; to authorize the Louisiana Tax Commission4
to assist in valuation of such natural resources; to provide for certain definitions; and5
to provide for related matters.6
Be it enacted by the Legislature of Louisiana:7
Section 1. R.S. 47:633(1), (2), and (3) are hereby amended and reenacted to read as8
follows:9
ยง633. Rates of tax10
The taxes on natural resources severed from the soil or water levied by R.S.11
47:631 shall be predicated on the quantity or value of the products or resources12
severed and shall be paid at the following rates:13
(1) On trees and timber, except pulpwood, two and one-quarter percent of14
the then current average stumpage market value of such timber, to be determined15
annually on the second Monday of in December by the Louisiana Forestry16
Commission and the Louisiana Tax Commission, such value to be effective on the17
first day of January in the following year and continuing until the next succeeding18
January. The Louisiana Tax Commission may assist in determining the value.19
(2) On pulpwood, five percent of the then current average stumpage market20
value of such pulpwood, to be determined annually on the second Monday of in21
December by the Louisiana Forestry Commission and the Louisiana Tax22
Commission, such value to be effective on the first day of January in the following23 ENROLLEDHB NO. 166
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year and continuing until the next succeeding January. The Louisiana Tax1
Commission may assist in determining the value.2
(3) The Louisiana Forestry Commission and the Louisiana Tax Commission3
shall base their its determination of the market value of trees, timber, and pulpwood4
as provided in Paragraphs (1) and (2) of this Section exclusively on with5
consideration of sales of timber as reported to the Louisiana Department of Revenue6
and as published in the "Quarterly Report of Forest Products" by the Louisiana7
Department of Agriculture and Forestry.8
* * *9
SPEAKER OF THE HOUSE OF REPRESENTATI VES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: