HB 4969 & 4970 increase the flexibility of landowners who wish to move between Commercial Forest Program and Qualified Forest Property tax exemptions.
Under the Commercial Forest Program, landowners must follow an approved forestry plan and allow public access for hunting and fishing. In return, landowners receive property tax reductions. With Qualified Forest Property, landowners must follow an approved forestry plan but do not have to allow public access. They are not subject to certain school district taxes, which are compensated by the school aid fund.