Michigan's commercial forest act
WebThe Commercial Forest Act (often referred to as CFA, CFR, CFP or CF) is a property tax incentive option that requires enrolled properties to be actively managed for sustainable production of commercial timber products. The State of Michigan offers this incentive in order to promote forest management which can benefit rural economies. WebNov 3, 2024 · The Many Benefits Of The Commercial Forest Act. TheCFA establishes a flat tax rate of $1.10/acre plus a 5% yield tax and an initial fee of $1/acre up to $1000 for the …
Michigan's commercial forest act
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WebOn June 28th, Governor Snyder signed into law Public Acts 260, 261, and 262 of 2016. These acts provide an opportunity for landowners to transfer Commercial Forest (CF) property into the Qualified Forest Program (QFP) without payment of a CF withdrawal penalty. WebJan 27, 2024 · There are 2.2 million acres enrolled in the Commercial Forest program in Michigan. Owners receive a property tax reduction in exchange for required forest …
WebThis act shall be known and may be cited as the "qualified forest property recapture tax act". History:€2006, Act 379, Imd. Eff. Sept. 27, 2006. 211.1032 Definitions. ... 2024 Page 1 Michigan Compiled Laws Complete Through PA 13 of 2024 Courtesy of www.legislature.mi.gov. 211.1034 Recapture tax; rate. http://www.metcalfeforestry.com/default.php/page/michigan-tax-relief-programs
WebUsually I have found that the penalty for property that has been held for seven years or more runs $25 – $30/acre. Copies of the Act are available from the Michigan DNR, and you can read all about it on the official state website at Commercial Forest Act. You will see “CFR” in the plat book on tracts that have been so designated. Web1 IC4171 (Rev. 04/04/2024) Michigan Department of Natural Resources – Forest Resource Division COMMERCIAL FOREST SUMMARY (Parts 511 and 512 of Act 451, P.A. 1994, as amended) The Commercial Forest (CF) program is intended to provide an incentive to private landowners to retain and
WebJul 29, 2013 · To meet QFP qualifications the property must be productive forest which is defined as that being able to produce forest products of at least 20 cubic feet per acre per year, which is about ¼ of a cord of wood per year. Parcels of more than 20 acres but less than 40 acres must be at least 80 percent stocked in productive forest.
WebFeb 21, 2024 · Michigan’s forest products industry generates more than $21 billion a year and supports more than 91,000 jobs, from logging to lumber and paper mills to manufacturing wood products. The Commercial Forest program started in Michigan in 1925, when forests were recovering from the pine lumbering boom of the late 19th century. county retirementWebCommercial Forest Act statute. If a landowner gives a commercial guide permission to guide on Commercial Forest-enrolled land, then the landowner is in violation of the Commercial Forest Act section 324.51113 that prohibits commercial activity. The declassification process may be implemented to withdraw the property from the … county returns mississippi primary electionsWebJun 23, 2011 · Marquette, Mich. – As the Commercial Forest Act rules come into clearer focus to user groups and landowners, hunters are discovering that some of their traditional and legal hunting practices are banned … Read More » This content is restricted to subscribers of OutdoorNews.com. If you are already an OutdoorNews.com subscriber, … brh bayernWebThe Conservancy has protected more than 60,000 acres of northern Michigan land. All land is not open for hunting, but all protected areas provide habitat for animals and help keep populations healthy. Starting in 2024, LTC became an active partner in the Independence Hunt, making hunting possible for our wounded warriors. Membership starts at $1. county richmond txWebJun 9, 2011 · Editor’s note: This is the second in a series of stories examining the management issues on land enrolled under the Commercial Forest Act. Marquette, Mich. – Several informational meetings arranged by the DNR and held last summer made more transparent the laws regarding public and commercial use of Commercial Forest Act … brh borhomeoWeb2024 Michigan Compiled Laws Chapter 320 - Forests Act 94 of 1925 COMMERCIAL FOREST ACT (320.301 - 320.314) ... Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please ... brh baylorWebacres, 80% stocked in productive forest. When 40 to 640 acres, 50% stocked in productive forest. (Productive forest is defined as forestland that can produce 20 cubic feet per acre per year.) Forest Management Plan Required Plan must be written by a Registered Forester or a natural resource professional recognized by the DNR. brh beostartup.com