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SF 260 Senate Long Description

1E Relating to natural resources; requiring the commissioner of natural resources (DNR) to terminate eligible timber sale permits without penalty and upon permit holder request in the case of nontrust land; requiring the commissioner to terminate eligible timber sale permits only under condition of securing maximum long term economic return for trust land; specifying voluntary turn back maximum amount; requiring the commissioner to retain a certain percentage of down payment made by permittee and requiring permittee crediting, providing for bond obligation release for bonded sales; specifying a date certain for permit terminations, requiring reoffering for sale timber subject of a turn back
(rt)