Sec. 1. 36 MRSA §574-B, sub-§2, as enacted by PL 1989, c. 555, §16, is amended to read:

2. Evidence of compliance with plan. The landowner must shall comply with the plan developed under subsection 1, and must shall submit, every 10 years, to the municipal assessor in a municipality or the State Tax Assessor for parcels in the unorganized territory, a statement from a licensed professional forester that the landowner is managing the parcel according to schedules in the plan required under subsection 1; and

Sec. 2. 36 MRSA §574-B, sub-§3, as repealed and replaced by PL 2001, c. 603, §4, is amended to read:

3. Transfer of ownership. When land taxed under this subchapter is transferred to a new owner, within one year of the date of transfer, the new landowner must file with the municipal assessor or the State Tax Assessor for land in the unorganized territory one of the following:

A. A sworn statement indicating that a new forest management and harvest plan has been prepared; or

B. A statement from a licensed professional forester that the land is being managed in accordance with the plan prepared for the previous landowner.

The new landowner may not harvest or authorize the harvest of forest products for commercial use until a statement described in paragraph A or B is filed with the assessor. A person owning timber rights on land taxed under this subchapter may not harvest or authorize the harvest of forest products for commercial use until a statement described in paragraph A or B is filed with the assessor.

Parcels of land subject to section 573, subsection 3, paragraph B or C are exempt from the requirements under this section.

For the purposes of this subsection, "transferred to a new owner" means the transfer of the controlling interest in the fee ownership of the land or the controlling interest in the timber rights on the land.; and

Sec. 3. 36 MRSA §574-B, sub-§4 is enacted to read:

4.__Owners with more than 100,000 acres.__Beginning in 2004, an owner of more than 100,000 acres classified under this chapter shall demonstrate annually that a portion of the timber harvested