Sustainable Forest Incentive Act


Payments and Due Dates

DNR forester and landowner walking in landowner's woodlands

SFIA has is structured around a year-long calendar that requires annual certification and payments. Here are some important dates for landowners in SFIA to keep in mind.

New Enrollees

September 15

Forest management plan must be submitted to DNR for registration by September 15 to be eligible for enrollment in SFIA the following year.

October 31

SFIA new application deadline is October 31, to be eligible for enrollment in SFIA the following year.

  • Covenant must also be recorded by this date for enrollment in SFIA the following year.

Once Enrolled

May 1

Dept. of Revenue mails out annual certification letters to all SFIA enrollees at the beginning of May each year.

May 15

If you need to update your forest management plan it must be submitted to DNR for registration by May 15 in order to receive payment in the same calendar year. Plans need to be updated every 10 years to remain eligible for SFIA payments

July 1

Annual certification letters must be completed by landowners and returned to the Dept. of Revenue by July 1 each year.

Ocotober 1

The Dept. of Revenue sends out annual incentive payments at the beginning of October each year.

 

Payments

SFIA payment rates are adjusted each year based on statewide average market values and tax rates, but will not increase or decrease by more than 10 percent per year. For SFIA land that is also in a conservation easement, there is one covenant option. For all other land, there are 3 covenant lengths and payment options based on the number of acres enrolled. The estimated 2018 payment rates are:

 

Covenant Length

Payment Rate (per acre)

8 years

Less than 1,920 acres enrolled: $8.91
1,920 or more acres enrolled: $12.33

20 years

Less than 1,920 acres enrolled: $12.33
1,920 or more acres enrolled: $15.76

50 years

Less than 1,920 acres enrolled: $15.76
1,920 or more acres enrolled: $19.18

8 years: SFIA land with a conservation easement

Enrolled in SFIA for 2017: $7.00
Enrolled in SFIA in 2018 or later: $3.24