Amend the bill by striking out everything after the enacting clause and before the summary and inserting the following:
‘Sec. 1. 36 MRSA §581-H is enacted to read:
In accordance with this section, the State has a right of first refusal on the sale of significant forest land. The right of first refusal under this section is a right to purchase the significant forest land on the same terms and conditions as offered by a purchaser.
SUMMARY
This amendment, which is the majority report of the committee, replaces the bill. The amendment establishes the State's right of first refusal regarding property that is more than 5,000 acres, subject to the Maine Tree Growth Tax Law program and not owned by or held in trust for a federally recognized Indian tribe in this State. The right of first refusal does not apply if the purchaser is an immediate family member. An owner who receives an offer must notify the Department of Agriculture, Conservation and Forestry of the proposed sale and the terms and conditions of the sale. The department may notify the Governor and the Legislative Council. The department has 10 business days to obtain funds to make the purchase. If the State exercises its right of first refusal, the property is nonreserved public land subject to the requirements of the Maine Revised Statutes, Title 12, chapter 220, subchapter 3 and does not change its classification under the Maine Tree Growth Tax Law. The Bureau of Parks and Lands within the department must manage the property in accordance with the Maine Tree Growth Tax Law and, using funds appropriated for that purpose by the Legislature, must make payments in lieu of taxes in an amount equal to the amount that would be paid by a private landowner to the assessing authority. If the State does not exercise its right of first refusal, the owner may sell the property to any purchaser. The department is required to adopt major substantive rules to implement these provisions.