Georgia measure to make timber equipment exempt from property taxes (2022)

In Politics by Michael Rae


The Georgia Timber Equipment Exempt from Property Taxes Measure on the November 2022 ballot would change the state’s tax law so that starting Jan. 1, 2023, all timber equipment such as feller bunchers, forwarders, harvesters, chainsaws, skidders, saws, stump grinders, log loaders, and bandsaws would be exempt from ad valorem taxes.  However, this exemption would not include timber itself. 

Fiscal Impact

Data shows the timber industry paid nearly $20 million in ad valorem taxes to the state in 2020. However, the state does not show what percentage of that revenue is derived from timber equipment so it is unknown how this would