PAG Report 20 | Published October 2001 | Forest landowners in Idaho are taxed under one of two property tax options:  the productivity tax option or  the bare land & yield tax option. In 2002, landowners with between 5 and 5,000 acres of forest land will have a chance to choose a tax option for the next 10 years. Large increases in taxable value under the productivity option during the 1990s may influence many landowners decision to switch to the bare land & yield option. The first objective of the analysis is to examine the impacts on forest landowners of the current forest valuation formula under the productivity option. The second objective is to examine the potential impacts on county property tax revenues in 2002 of a potential shift of forest landowners from the productivity option to the bare land & yield option.