Who qualifies for the CF tax exemption?
The owner of at least 40 contiguous acres or a survey unit of 1/4 of 1/4 of a section of forestland may qualify for CF. Forestland shall be capable of producing not less than 20 cubic feet per acre per year of forest growth upon maturity, producing tree species that have economic or commercial value, and producing a commercial stand of timber within a reasonable period of time. Landowners must have an approved forest management plan and agree to manage land according to the approved plan. • Question: What constitutes QFP land? Answer: 2006 PA 378 says QFP land is land that meets all of the following conditions: • Is not less than 20 contiguous acres in size, of which not less than 80% is productive forest capable of producing wood products. Contiguity is not broken by a road, a right-of-way, or property purchased or taken under condemnation proceedings by a public utility for power transmission lines if the 2 parcels separated by the purchased or condemned property were a single parcel
