timber
Posted inMaine
Overhaul of Maine tree growth tax credit chopped down by committee
AUGUSTA — Legislation designed to dramatically overhaul Maine’s tree growth property tax credit program fell largely on deaf ears Monday as lawmakers on the Legislature’s Taxation Committee unanimously rejected the proposal offered by Republican Gov. Paul LePage. Among other provisions in the bill, LD 1632, is one that would have excluded from the program, which […]
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Posted inMaine, sj-web
LePage wants to use timber revenue as heating aid for low-income households
AUGUSTA — Maine Governor Paul LePage says he wants to use surplus revenue from timber harvests on public lands to defray heating costs for low-income residents. The state’s Public Reserved Lands Management Fund receives revenue from the sale of timber from public lands. LePage says the fund has a balance of about $8 million because […]
Posted inMaine, sj-web
Plan to increase timber harvesting on public lands hits resistance
AUGUSTA — A plan within the Department of Agriculture, Conservation and Forestry to markedly increase timber harvesting limits on publicly owned lands has caused concern among environmentalists who say the increase is unsustainable. Department spokesman John Bott confirmed Monday that the department has internally agreed to increase the timber harvesting limit on public lands from […]
Posted inBusiness, sj-web
Irving to build $30 million sawmill in Ashland
ASHLAND — A new sawmill in central Aroostook County is predicted to translate into 60 permanent jobs according to officials with J.D. Irving, which announced Monday plans to invest $30 million into a state-of-the-art softwood facility. An additional 50 jobs will be created during the construction phase of the project, according to Monday’s release. “We […]