Submitted by Karen Marshall, newsletter editor The UK Wildcats did not survive March Madness for their NCAA championship bid. But woodlands-related legislation passed smoothly through the 2022 Kentucky legislative session. Initially conceived by Dr. Jim Corum, KWOA Director at Large (Harlan County), House Joint Resolution 41 has been 20 years in the making. HJR 41 directs the Department of Revenue and the University of Kentucky's Department of Forestry and Natural Resources to recommend equitable property tax assessment procedures for well-managed forests. The resolution was introduced to the legislature by Representative Adam Bowling, District 87 (Bell and Harlan counties).
HJR 41 directs the Department of Revenue and the University of Kentucky's Department of Forestry and Natural Resources to submit a report to the Legislative Research Commission by December 1, 2022, detailing their recommendations for equitable property tax assessment procedures for well-managed forests. Thanks and congratulations to the many players who stepped to the floor to score this win for woodland owners. KWOA looks forward to reporting on its recommendations in the future. Comments are closed.
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