ABSTRACT

Forest Service Announces Timber Sale Contract Relief [April 27, 2020]   [open pdf - 622KB]

From the Document: "On April 15, 2020, the Forest Service (FS) announced options for timber purchasers to extend the terms of their contract to harvest timber from the National Forest System (NFS). [...] The FS, within the Department of Agriculture (USDA), sells timber to willing buyers in the private sector ('timber purchasers') pursuant to specified contract terms. Although timber sales generally must be completed in a set amount of time, the FS may extend that time if it finds a 'substantial overriding public interest' (referred to as a 'SOPI finding') in doing so. The SOPI finding articulated in the announcement is in response to global timber market impacts from the coronavirus (COVID-19) pandemic, ongoing trade disputes, and other factors. The FS contends that these flexibilities will prevent adverse impacts to timber markets and rural communities."

Report Number:
CRS Insight, IN11364
Author:
Publisher:
Date:
2020-04-27
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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