1. The annual registration fee for a local log truck, registered pursuant to this chapter, is three hundred dollars.
2. A local log truck may receive an extended distance local log truck permit for an additional fee of three hundred dollars. A local log truck with an extended distance local log truck permit shall be allowed to transport harvested or processed forest products outside of the radius from the forested site specified in section 301.010 at the weight limits for commercial vehicles specified in section 304.180. For the purposes of this section, "processed forest products" shall mean wood products that are produced from the initial processing of a round log and have received no additional manufacturing or packaging to prepare the material for any retail market including, but not limited to, sawdust, wood chips, bark, slabs, and green square edged lumber products.