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Searching 2021-2022 Session

The Vermont Statutes Online

 

Title 6 : Agriculture

Chapter 002 : AGRICULTURAL LAND DEVELOPMENT RIGHTS ACQUISITION PROGRAM

(Cite as: 6 V.S.A. § 33)
  • § 33. Assessments

    After acquisition of development rights by the State, the agricultural landowner shall be taxed, under 32 V.S.A. chapter 123, upon the fair market value of the remaining rights or interests to which title is retained. The Department of Taxes and the municipality assessing the tax shall cooperate with the landowner in determining the fair market value of the remaining rights or interests. (Added 1987, No. 200 (Adj. Sess.), § 63, eff. May 19, 1988.)