38115-38116

REVENUE AND TAXATION CODE
SECTION 38115-38116




38115.  A timber yield tax is hereby imposed on every timber owner
who harvests his timber or causes it to be harvested on or after
April 1, 1977, and on every timber owner of felled or downed timber
who acquires title to such felled or downed timber in this state from
an exempt person or agency described in Section 38104 on or after
that date, and on every person who, without authorization,
intentionally or unintentionally harvests or causes to be harvested
timber owned by another, at the rate of 6 percent of the total
immediate harvest value of that timber or at such other rate as may
be fixed pursuant to Chapter 3 (commencing with Section 38202) of
this part. The immediate harvest value shall be determined as of the
scaling date.



38116.  (a) Subject to the limitation in subdivision (b), there is
exempted from the tax imposed by this part timber whose immediate
harvest value is so low that, if not exempt, the tax on the timber
would amount to less than the cost of administering and collecting
the tax, as determined by the board by rule. The board, after
consultation with the Timber Advisory Committee, shall establish by
rule the level at which the tax that would apply is less than the
cost to administer and collect the tax.
   (b) The board shall have no authority to exempt timber with an
estimated immediate harvest value of more than three thousand dollars
($3,000).