As used in this chapter, unless the context requires otherwise:
(1)"Average annual net wood production" means the average net usable volume of wood one (1) acre of forest land will grow in one (1) year under average current and actual forest conditions and under current and reasonable management practices for each forest value zone.
(2)"Designation period" means any one (1) ten (10) year period in a sequence of ten (10) year periods which begin January 1, 1983.
(3)"Forest" means forest land and the timber thereon.
(4)"Forest land" means privately owned land being held and used primarily for the continuous purpose of growing and harvesting trees of a marketable species. Having met the above criteria, forest land may be further identified by the consideration of any of the following crit
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As used in this chapter, unless the context requires otherwise:
(1) "Average annual net wood production" means the average net usable volume of wood one (1) acre of forest land will grow in one (1) year under average current and actual forest conditions and under current and reasonable management practices for each forest value zone.
(2) "Designation period" means any one (1) ten (10) year period in a sequence of ten (10) year periods which begin January 1, 1983.
(3) "Forest" means forest land and the timber thereon.
(4) "Forest land" means privately owned land being held and used primarily for the continuous purpose of growing and harvesting trees of a marketable species. Having met the above criteria, forest land may be further identified by the consideration of any of the following criteria:
(a) Forest land is land evidenced by present use and silvicultural treatment.
(b) Forest land is land which has a dedicated use that is further evidenced by a forest land management plan that includes eventual harvest of the forest crop.
(c) Forest land is land bearing forest growth or land which has not been converted to another use.
(d) Forest land is land which has had the trees removed by man through harvest, including clear-cuts or by natural disaster, such as but not limited to fire, and which within five (5) years after harvest or initial assessment will be reforested as specified in the forest practices act (chapter 13, title 38, Idaho Code).
(5) "Forest landowner" means the legal entity which holds the property rights under law to the forest land surface.
(6) "Forest products" means any forest crop harvested from forest land.
(7) "Forest products yield tax" means a tax levied on the value of forest products harvested from a parcel as prescribed in sections 63-1703 and 63-1706, Idaho Code.
(8) "Forest value" means the market value for assessment purposes as determined only on the basis of its ability to produce timber, other forest products, and associated agricultural products through the timber productivity valuation process as prescribed by section 63-1705, Idaho Code.
(9) "Stumpage value" means the value of timber, whether standing or downed by other than an intentional act of severance, expressed in terms of dollars per unit of measure.
(10) "Timber" means wood growth, of any species and of any size, standing or down on privately owned lands.
(11) "Bare land value" means the value of forest land exclusive of the value of timber and other products growing or being thereon.
(12) "Stumpage owner" means the legal entity which holds the property rights under law to the timber growing on private lands.
(13) "A substantial change of use" means any use other than as forest land as defined in subsection (4) of this section.
(14) "Deferred taxes" as used in section 63-1703, Idaho Code, means a tax levied to recapture the difference between taxes that were collected on a parcel designated under section 63-1706, Idaho Code, and what would have been collected on the parcel, had it been designated under section 63-1702 or 63-1705, Idaho Code.
(15) "Custodial expense" shall mean those expenses incurred in the maintenance of the forest land and limited to the following:
(a) Reforestation;
(b) Road maintenance;
(c) Managing public use;
(d) Forest inventory;
(e) Forest management planning;
(f) Facility operations and maintenance;
(g) Environmental analysis and documentation;
(h) Appeals and litigation;
(i) Land survey;
(j) Forest fire suppression;
(k) Other management expenses; and
(l) Labor associated with items (a) through (k) of this subsection, but shall not include the salaries or expenses, or any portion thereof, of any person or officer not directly engaged in the management of the forest land.
(16) "CFTM" means the committee on forest land taxation methodologies as provided in section 63-1705, Idaho Code.