The Policy Statement recommends repeal or reform of the Federal Estate Tax. The Policy Statement points out that the Federal Estate Tax (the "Death Tax") puts an unfair tax burden on timberland owners.
75% of the Louisiana severence tax goes to fund roads and schools; the remaining 25% was allocated to the General Fund
until 1997, when the Legislature approved 75% of that portion to the Louisiana Forest Productivity Program to assist with reforestation. This proposed Policy Statement would urge the Legislature to allocate the remainder of the 25% portion to the FPP as well.