Loading chat...
VT H0291
Bill
Status
2/20/2025
Primary Sponsor
James Masland
Click for details
AI Summary
-
Land enrolled in Vermont's Use Value Appraisal Program that is posted against hunting, fishing, or trapping under 10 V.S.A. § 5201 would be taxed at a higher rate than standard agricultural land or managed forestland
-
The higher tax rate for posted land equals 25 percent of the difference between the parcel's use value and its grand list (fair market) value
-
The Current Use Advisory Board would be required to recommend this higher tax rate when establishing annual values for eligible land
-
Amends 32 V.S.A. § 3754 (Board powers and duties) and § 3756 (qualification for use value appraisal)
-
Effective date: July 1, 2025
Legislative Description
An act relating to enrollment of posted land in the Use Value Appraisal Program
Last Action
Read first time and referred to the Committee on Agriculture, Food Resiliency, and Forestry
2/20/2025