Follow-up to January 29, 2010 article.
“Another hearing was held Jan. 22. If the proposed rates are approved, they will then be sent to the state for administrative review and could go into affect in April.”
Assessment updates to New Hampshire’s current use law are on track to be approved by the state despite what many who oppose the changes are calling out of line with trends seen by the industry.
At a Feb. 2 hearing, the Current Use Board approved changes to timberland assessments – as much as a 12 percent increase in some cases.
The changes have been sent to the state for administrative review, and assuming there are no issues, they will go into effect April 1.