Bill Title: Amends the Timber Buyers Licensing Act. On or after the effective date of the amendatory Act, provides that a timber buyer who purchases timber in the State shall no longer be required to deduct from the payment to the timber grower a percentage of the purchase price and forward such amount to the Department of Natural Resources. Provides that upon the effective date of the amendatory Act, a timber buyer is no longer required to pay to the Department, when the periodic report is submitted, a percentage amount equal to the gross value of the timber utilized during the period. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2013-01-08 - Session Sine Die [HB0025 Detail]

Text: Latest bill text (Introduced) [HTML]

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