WASHINGTON, Oct. 7 -- Forest Service has issued a rule called: Purchaser Credit on Timber Sale Contracts.
The rule was published in the Federal Register on Oct. 7 by Michael K. Boren, Under Secretary, Natural Resources and Environment.
Summary: The United States Department of Agriculture, Forest Service (Forest Service or Agency) is making purely technical, clarifying amendments to its existing regulations relating to timber purchaser credit in timber sale contracts on National Forest System lands. The authority to use purchaser credit ended in April 1999, and there are no timber contracts subject to this expired authority. This final rule removes sections regulating purchaser credit because these regulations are now obsolete. The removal...