FEDERAL · 25 U.S.C. · Chapter 33

Forest management deduction

Current through Pub. L. 119-102
Title 25Indians·Ch. 33 — NATIONAL INDIAN FOREST RESOURCES MANAGEMENT
(a)Withholding of deduction Pursuant to the authority of section 413 of this title, the Secretary shall withhold a reasonable deduction from the gross proceeds of sales of forest products harvested from Indian forest land under a timber sale contract, permit, or other harvest sale document, which has been approved by the Secretary, to cover in whole or part the cost of managing and protecting such Indian forest land.
(b)Amount of deduction Deductions made pursuant to subsection (a) shall not exceed the lesser amount of—
(1)10 percent of gross proceeds, or
(2)the percentage of gross proceeds collected on November 28, 1990, as forest management deductions by the Secretary on such sales of Indian forest products, unless the appropriate Indian tribe consents to an increase in the deduction

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25 U.S.C. § 3105 (Forest management deduction) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 413
25 U.S.C. § 413

Source Credit

History

(Pub. L. 101–630, title III, §306, Nov. 28, 1990, 104 Stat. 4536.)