Massachusetts General Laws (Tax)
Mass. Gen. Laws ch. 58, § 17C
Forest Products Trust Fund
Section 17C. A Forest Products Trust Fund shall be established on the books of the commonwealth. This fund shall be used to disburse payments to cities and towns within whose boundaries exist state owned forest land. The commissioner of the department of environmental management with the approval of the secretary of environmental affairs shall develop forest management plans for all forest land owned by the commonwealth, its agencies, commissions or authorities, with the exception of land owned by the Massachusetts Water Resources Authority.
# (a)
Fifty percent of all revenue received by the removal of forest products on land acquired by the commonwealth on or after June 1, 1987 shall be deposited in the Forest Products Trust Fund. Such funds shall be dispersed to those municipalities within whose boundaries the removal of forest products occurs in an amount equal to fifty percent of the revenue received by the commonwealth.
# (b)
Eight percent of all revenue received by the removal of forest products on land acquired by the commonwealth before June 1, 1987 shall be deposited in the Forest Products Trust Fund. Such funds shall be dispersed to those municipalities within whose boundaries the removal of forest products occurs in an amount equal to eight percent of the revenue received by the commonwealth.
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In this chapter (40 sections)
- 58-7 · Unpaid taxes; obtaining information; affidavits
- 58-7A-to-7E · Repealed, 1979, 797, Sec. 7
- 58-8 · Delinquent collections; proceedings by attorney general;…
- 58-8A · Repealed, 2014, 62, Sec. 9
- 58-8B · Reimbursement claims by cities and towns; filing; time…
- 58-8C · Affordable housing sites; abatement of real estate tax…
- 58-9 · Proposed equalized valuation; establishment
- 58-10 · Determination of equalized valuation
- 58-10A · Proposed equalized valuation; notice and hearing; changes
- 58-10B · Appeal to appellate tax board
- 58-10C · Final equalization and apportionment; establishment; report to…
- 58-11-12 · Repealed, 1941, 609, Sec. 1
- 58-13 · Definitions applicable to Secs. 13 to 17
- 58-14 · Determination of fair cash valuation of state-owned land…
- 58-15 · Notification of land acquired or disposed of by commonwealth
- 58-15A · Repealed, 2016, 218, Sec. 108
- 58-16 · Statement of fair cash valuation reimbursement percentage for…
- 58-17 · Reimbursement of municipalities where state-owned land located
- 58-17A · Repealed, 2016, 218, Sec. 109
- 58-17B · Property taken for flood control; loss of taxes; reimbursement
- 58-17C · Forest Products Trust Fund
- 58-18 · Repealed, 1969, 546, Sec. 6
- 58-18A · Repealed, 1990, 268, Sec. 1
- 58-18B · Distribution of highway fund; notification of amount required;…
- 58-18C · Distribution of budgeted aid to cities and towns
- 58-18D · Repealed, 2011, 194, Sec. 26
- 58-18E · Repealed, 1990, 121, Sec. 23
- 58-18F · Distributions to cities, towns, or regional school districts;…
- 58-19 · Repealed, 1931, 428, Sec. 1
- 58-20 · Repealed, 1966, 14, Sec. 31
- 58-20A · Deductions from sums payable to cities and towns
- 58-21-to-23 · Repealed, 1934, 323, Sec. 1
- 58-24-24A · Repealed, 1951, 641, Sec. 2
- 58-25 · Amounts due municipalities; determination; payment
- 58-25A · Amounts due municipalities; annual estimates
- 58-25B · Proceeds of cigarette excise; certification for payment by…
- 58-26 · Repealed, 1934, 323, Sec. 1
- 58-26A-26B · Repealed, 1976, 415, Sec. 99
- 58-27 · Repealed, 1970, 601, Sec. 1
- 58-28 · Annual assessments for deposits with state treasurer; trust…