La. Admin. Code tit. 7 § XXXIX-109

Current through Register Vol. 50, No. 11, November 20, 2024

Section XXXIX-109 - Product Categories

A. The following categories and subgroups are to be used in determining the timber stumpage values based on current average stumpage market values to be used for severance tax computation:

1. Pine Trees and Timber;

2. Hardwood Trees and Timber;

3. Pine Chip and Saw;

4. Pine Pulpwood;

5. Hardwood Pulpwood.

B. No forestry product shall be moved from the trees and timber category to the pulpwood category or vice versa by the commissions without a prior adjudicatory hearing held in accordance with the Louisiana Administrative Procedure Act.

La. Admin. Code tit. 7, § XXXIX-109

Promulgated by the Department of Agriculture and Forestry, Forestry Commission and the Department of Revenue, Tax Commission, LR 24:2076 (November 1998).

AUTHORITY NOTE: Promulgated in accordance with R.S. 3:4274 and R.S. 47:1837.