Idaho Code 38-1502 – Definitions
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As used in this chapter:
(1) "Assessment year" means January 1 through December 31 of any calendar year in which the commission levies an assessment.
Terms Used In Idaho Code 38-1502
- Assessment year: means January 1 through December 31 of any calendar year in which the commission levies an assessment. See Idaho Code 38-1502
- Business entity: means a person, firm, partnership, corporation, association, trust or other recognized legal entity. See Idaho Code 38-1502
- Commission: means the Idaho forest products commission created by section 38-1503, Idaho Code. See Idaho Code 38-1502
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Forest lands: means federal, state and private land growing forest tree species which are, or could be at maturity, capable of furnishing raw material used in the manufacture of lumber or other forest products. See Idaho Code 38-1502
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: includes a corporation as well as a natural person;
Idaho Code 73-114State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
(2) "Base year" means the calendar year immediately preceding the assessment year.
(3) "Business entity" means a person, firm, partnership, corporation, association, trust or other recognized legal entity.
(4) "Commission" means the Idaho forest products commission created by section 38-1503, Idaho Code.
(5) "Financial supporter" means entities who have paid assessments pursuant to this chapter.
(6) "Forest lands" means federal, state and private land growing forest tree species which are, or could be at maturity, capable of furnishing raw material used in the manufacture of lumber or other forest products. The term includes federal, state and private land from which forest tree species have been removed but have not yet been restocked, but it does not include land affirmatively converted to uses other than the growing of forest tree species.
(7) "Forest product manufacturer" means a business entity that engages in the processing, cutting, fabricating or other process which converts timber, chips, sawdust or shavings into lumber, paper, plywood, particle board or other usable products for sale in commerce, provided, however, as used in this chapter, forest products manufacturers shall not include the following business entities engaged in:
(a) The production of fence or corral posts or rails;
(b) Producing shingles or shakes;
(c) Producing firewood or pellets for energy; or
(d) Producing logs which have been shaped or scribed and used in the construction of log structures.
(8) "Hog fuel" means wood or wood scraps that have been shredded or pulverized and used by forest product manufacturers to generate energy.
(9) "Private forest lands" means forest lands not owned by the federal government, state government, an Indian tribe or a political subdivision of the state.