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October 2006

 

McCrery first recipient of AF&PA medal

The American Forest & Paper Association (AF&PA) presented Congressman Jim McCrery with AF&PA’s Distinguished Service Medal for his leadership in keeping the forest products industry a viable part of the United States economy at the Louisiana Forestry Association’s annual convention at Sam’s Town Hotel in Shreveport.

The presentation of the medal, originally to be awarded in August of 2005, was postponed due to Hurricane Katrina.

The AF&PA Distinguished Service Medal was created in 1999 to recognize the efforts of individuals who perform outstanding service to the American forest products industry. Congressman McCrery is the first recipient of the award.

The tax law changes McCrery championed in 2004 allow forest landowners to deduct their expenses sooner for reforestation and also allow those who sell timber on a lump-sum basis to qualify for capital gains treatment.

Continuing to fight on behalf of families and business owners who depend on forest stewardship and products, Congressman McCrery also authored The Timber Tax Act of 2005, which would reduce taxes on timber at the time of sale and would equalize tax treatment for all landowners.


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