Illinois Senate bill in Session 104.
Status: in_committee. Latest action: February 6, 2025.
TIMBER BUYERS-HARVEST FEES.
Amends the Timber Buyers Licensing Act. Removes language that requires a person buying timber from a timber grower to deduct from the payment to the timber grower an amount which equals 4% of the purchase price or 4% of the minimum fair market value and forward such amount to the Department of Natural Resources. Removes language that requires a timber grower who utilizes timber produced on land the timber grower owns or operates for sawing into lumber, processing, or resale to pay to the Department an amount equal to 4% of the minimum fair market value of the timber utilized during a period. Makes conforming changes.
| Date | Event | Detail |
|---|---|---|
| 2025-02-06 | Introduced | Bill introduced |
| 2025-02-06 | Status | in_committee |
| 2025-02-06 | Latest Action | 2/06/2025 - Senate: |