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- Info
Michigan's commercial forest act: An option for the future
| Author: |
Hyldahl, Carol A. |
| Date: |
1991 |
| Periodical: |
Assessment Digest |
| Abstract: |
In the United States, privately owned timberland accounts for approximately 351 million acres, or 48 percent of the total land area. In some states, private landowners may enroll their lands under special forest tax laws, designed to favor maintenance of productive forests. Assessors, appraisers; county offcials, and landowners need to understand the impact of these laws so they can adequately account for the uses of these lands and the revenues from them. This paper reviews Michigan's forest tax program, the Commercial Forest Act (CFA). Facts about the CFA and its enrollees, public access issues, and program enforcement are provided. Finally, Wisconsin's Managed Forest Law (1985) is described as an alternative example for Michigan to consider when evaluating the CFA. |
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