NEW HAMPSHIRE 
Rebate.! Optional. 
Enacted 1903. Amended 1923 and 1949. 
Revised Statutes Annotated 1955, Supplement 1965, Ch. 221, 
Sec. 9-11. 
Eligibility 
An owner of land valued at not more than $25 
per acre and planted with softwood trees is en- 
titled to a rebate of property taxes. The planted 
trees must number not less than 700 per acre, 
except that 300 or less naturally seeded softwood 
trees, not over 5 feet in height, may be considered 
part of the 700. 
To remain eligible the land must be maintained 
in satisfactory growing condition. 
1 Known as the “‘Tax Abatement for Forestation Law.” 
Procedure 
The owner makes application for rebate to the 
assessors at the time the annual inventory is pre- 
pared. 
Amount of rebate 
Rebates are allowed as follows: for the first 10 
years after the land has been planted, 90 percent of 
the taxes levied; for the second 10 years, 80 per- 
cent; and for the third and final 10 years, 50 per- 
cent. 
NEW JERSEY 
Exemption. 
Mandatory. Enacted 1943. 
Statutes Annotated, Title 54.4-3.28. 
Eligibility 
Commercially planted and growing trees are 
exempt from taxation while in the ground. 
Procedure 
Planted trees shall not be assessed or taxed as 
personal property, and real property shall be 
assessed without regard to enhancement of value 
because of such planted trees. 
Tax treatment 
Land. Subject to the property tax. 
Timber. Commercially planted trees are exempt 
under the conditions noted above. 
NORTH CAROLINA 
Exemption. 
Mandatory. Enacted 1939. Amended 1953. 
General Statutes 1965, Ch. 105, Art. 15, Sees. 105-294. 
Eligibility 
Forest trees planted for reforestation purposes 
on vacant land are exempt for a period of 10 years 
after planting. 
Procedure 
Assessors are instructed to make no increase in 
13 
the valuation of real estate by reason of such 
planting. 
Tax treatment 
Land. Subject to the property tax. 
Timber. Exempt under the conditions noted 
above. 
