72nd OREGON LEGISLATIVE ASSEMBLY--2003 Regular Session
 
SA to A-Eng. HB 2197
 
LC 703/HB 2197-A8
 
                      SENATE AMENDMENTS TO
                   A-ENGROSSED HOUSE BILL 2197
 
                     By COMMITTEE ON REVENUE
 
                             June 4
 
  On page 5 of the printed A-engrossed bill, delete lines 42
through 45 and insert:
  ' (a) Sale or transfer of the small tract forestland; '
  On page 6, line 1, delete '(c)' and insert '(b)'.
  In line 2, delete '(d)' and insert '(c)'.
  In line 4, delete '(e)' and insert '(d)'.
  In line 6, delete '(f)' and insert '(e)'.
  In line 9, delete '(g)' and insert '(f)'.
  In line 10, delete '(h)' and insert '(g)'.
  In line 11, delete '(1)(h)' and insert '(1)(g)'.
  On page 7, after line 41, insert:
  ' (6) The tax imposed under this section does not apply to an
owner of forestland totaling 5,000 acres or more that, on or
after July 1 of an assessment year, acquires ownership of small
tract forestland and harvests timber from the acquired small
tract forestland.'.
  On page 35, line 35, delete 'effect' and insert 'affect'.
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