Forest Service: Timber Harvesting, Planting, Assistance Programs and Tax Provisions

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Report Type	Reports and Testimonies
Report Date	April 13, 1990
Report No.	RCED-90-107BR
Subject	Federal aid programs Federal taxes Forest conservation Forest management Forest products National forests Projections Reductions in force Timber sales Timber industry FmHA Softwood Timber Program USDA Agricultural Conservation Program USDA Conservation Reserve Program USDA Forestry Incentives Program Income taxes

Summary:

Pursuant to a congressional request, GAO provided information on: (1) timber harvesting and planting; (2) federal timber assistance programs; and (3) federal tax provisions affecting the timber industry.

GAO found that: (1) timber harvesting increased 4 percent and timber planting and seeding increased 23 percent from 1986 to 1988; (2) USDA financial assistance program payments increased from $23.6 million in 1986 to about $36.9 million in 1988; (3) two tax code provisions applicable to the timber industry could annually reduce federal revenues by $460 million; and (4) the Forest Service projected that, over the next 50 years, the national timber harvest would increase about 55 percent and timber industry employment would decline about 27 percent.

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Forest Service: Timber Harvesting, Planting, Assistance Programs and Tax Provisions