Anders (HB 166) Act No. 185
Existing law requires the state tax levied on natural resources severed from the soil or water
to be predicated on the quantity or value of the products or resources severed.
Existing law provides that the rate of the tax levied on trees and timber is 2.25% of the
current average stumpage market value of timber and the rate of the tax levied on pulpwood
is 5% of the current average stumpage market value of pulpwood. Stumpage value is
determined annually on the second Monday of Dec. by the La. Forestry Commission and the
La. Tax Commission and is effective on the first day of Jan. in the following year, continuing
until the next succeeding Jan.
New law changes existing law from a requirement that the La. Tax Commission determine
the annual stumpage value to an authorization that the La. Tax Commission assist the La.
Forestry Commission in determining same. New law further changes the time of determining
the annual stumpage value from the second Monday in Dec. to Dec.
Existing law requires the La. Forestry Commission and the La. Tax Commission to base the
determination of the market value of trees, timber, and pulpwood exclusively on sales of
timber as reported to the Dept. of Revenue and as published in the "Quarterly Report of
Forest Products" by the La. Dept. of Agriculture and Forestry.
New law deletes the reference to the La. Tax Commission since the La. Tax Commission's
participation in determining the market value of trees, timber, and pulpwood is permissive
rather than mandatory. New law further changes the requirement that the determination of
market value of trees, timber, and pulpwood be based exclusively on timber sales to a
determination that considers timber sales.
Effective August 1, 2013.
(Amends R.S. 47:633(1), (2), and (3))