71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
HA to HB 2159
 
LC 980/HB 2159-3
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 2159
 
              By JOINT COMMITTEE ON WAYS AND MEANS
 
                             July 5
 
  On page 1 of the printed bill, line 2, delete 'amending ORS
321.015' and insert 'creating new provisions; amending ORS
321.015 and 321.017'.
  In line 8, restore '67' and delete the blank.
  In line 22, delete the blank and insert '91 cents'.
  In line 26, restore the bracketed material and delete the
boldfaced material.
  In line 29, restore the bracketed material and delete the
boldfaced material.
  On page 2, line 4, after '(5)' insert 'Subject to subsection
(6) of this section,'.
  After line 12, insert:
  ' (6) The first 25,000 feet, board measure, of forest products
harvested annually by any taxpayer during each calendar year
shall be excluded from the total quantity of harvested forest
products that constitutes the measure of the taxes under ORS
321.005 to 321.185 and 321.560 to 321.600.
  '  { +  SECTION 2. + } ORS 321.017, as amended by section 2a,
chapter 968, Oregon Laws 1999, is amended to read:
  ' 321.017. (1) In addition to the taxes levied under ORS
321.015 (1) to (4), there hereby is levied a privilege tax upon
taxpayers on the harvesting of all merchantable forest products
harvested on forestlands on or after July 1, 1991, in the amount
provided in subsection (2) of this section.
  ' (2) The rate of tax levied in subsection (1) of this section
shall be established annually at the beginning of each calendar
year by the board of directors of the institute, at a rate not to
exceed 75 cents per thousand feet, board measure, on all
merchantable forest products harvested on forestlands. The
maximum tax rate prescribed by this subsection may be increased
by the board of directors in an amount equal to the previous
year's increase in the Consumer Price Index (Portland area -- all
items) as published by the Bureau of Labor Statistics of the
United States Department of Labor for the Portland, Oregon, area.
  ' (3) The tax shall be measured by and be applicable to each
per thousand feet, board measure, and such shall be subject to
and determined by the procedures and provisions of ORS 321.015
(5) { +  and (6) + }.
  ' (4) The tax levied by subsection (1) of this section shall be
due and payable to the Department of Revenue in the manner and
procedure, including penalties and interest, as set forth for the
collection of the privilege tax in ORS 321.005 to 321.185.
  ' (5) The revenue from the tax levied by subsection (1) of this
section shall be remitted to the State Treasurer who shall
deposit it in a suspense account established under ORS 321.145
(1). After payment of refunds, which shall be paid in the same
manner as other forest products harvest tax refunds are paid in
ORS 321.145 (2), the balance of the additional tax imposed under
subsection (1) of this section shall be deposited in the Oregon
Forest Resources Institute Fund.
  '  { +  SECTION 3. + }  { + The amendments to ORS 321.015 and
321.017 by sections 1 and 2 of this 2001 Act apply to forest
products harvested in calendar years beginning on or after
January 1, 2002. + } ' .
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