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State Statutes
- Idaho
- Title 58
- Chapter 10
- 58-1002
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| Idaho Statutes |
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| 58-1002 - LEGISLATIVE FINDINGS AND PURPOSES |
(1) The legislature of the state of Idaho finds: (a) That state forests are a valuable resource to the people of Idaho, providing employment opportunities and a significant source of income to the state and endowed state institutions; (b) That section 8, article ix, of the constitution of the state of Idaho provides that the state board of land commissioners manage state forests in such manner as will secure the maximum long-term financial return to the institution to which granted or to the state if not specifically granted; (c) That maximum long-term financial returns to the institutions to which granted or to the state if not specifically granted with state forests is derived from processing within Idaho timber from state forests because this sustains a healthy forest products industry in Idaho, thereby ensuring a sufficient number of bidders to compete for the timber, generating increased financial returns for it; (d) That a stable supply of timber for the Idaho forest products industry will induce businesses to invest in processing facilities in Idaho, providing more jobs to Idaho's people; and (e) That the growth of the forest products industry in Idaho produced by a stable timber supply will contribute to the maximum long-term financial return to the institution or to the state by generating increased corporate and individual income and property taxes. (2) It is hereby declared that the purposes of this chapter are: (a) To promote wood processing and manufacturing in Idaho to generate related business and employment opportunities, creating additional corporate and individual income and property taxes for the state and its endowed institutions; and (b) To act as a market participant in the timber market in a way that helps enhance the long-term maximum value of state forests by ensuring that an adequate proportion of the total sales of timber sold by the state of Idaho is sold to qualified purchasers within Idaho. |
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