2005 Idaho Code - 58-1002 — LEGISLATIVE FINDINGS AND PURPOSES

                                  TITLE  58
                                 PUBLIC LANDS
                                  CHAPTER 10
                         TIMBER SUPPLY STABILIZATION
    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.