Relating to forest management.

Establishes Sound Forestry Practices Subaccount and Family Forestlands Subaccount as subaccounts of State Forestry Department Account. Requires that revenue from levy of additional privilege tax under forest products harvest tax be credited to State Forestry Department Account for deposit in Sound Forestry Practices Subaccount, Oregon Forest Resources Institute Fund and Family Forestlands Subaccount, in certain amounts. Directs State Forestry Department to use moneys in Sound Forestry Practices Subaccount to develop and apply sound forestry practices in collaboration with other state agencies. Directs department to use moneys in Family Forestlands Subaccount to provide certain support for owners of small forestlands. Expands board of directors of Oregon Forest Resources Institute to include as voting members , jointly appointed by President of Senate and Speaker of House of Representatives, one person who represents environmental community and one person who has experience with fishery or wildlife-related science. Prohibits Oregon Forest Resources Institute from expending funds for certain advertising or outreach. Requires institute to maintain records of staff interactions with certain individuals, report to Governor on records and make report publicly available.