The Vermont Statutes Online

Title 32 : Taxation and Finance

Chapter 121 : General Provisions

Subchapter 001A : Regional Assessment Districts [Effective January 1, 2031]

• § 3417. Standard guidelines; procedures; rulemaking [Effective January 1, 2031]

  (a) The Director of Property Valuation and Review shall establish standard guidelines and procedures, and may adopt rules, for regional assessment districts, including:

  (1) guidelines for contracting with third parties to conduct or assist with reappraisals, including standard reappraisal contract terms;

  (2) standards for the collection and recordation of parcel data;

  (3) requirements relating to information technology, including standards for data software contracts and computer-assisted mass appraisal systems; and

  (4) standardized practices for a full reappraisal, including cases in which physical inspections are unnecessary and how technology is to be utilized.

  (b) The Director of Property Valuation and Review shall establish a schedule for each regional assessment district to fully reappraise every six years. The Director, at the Director’s discretion, may alter the reappraisal schedule for a regional assessment district or for one or more of a regional assessment district’s member municipalities. If a municipality or a regional assessment district fails to reappraise on the schedule established by the Director under this subsection, the State may withhold funds from the municipality until the Director certifies that the municipality or regional assessment district has complied with this subsection.

  (c) The Director shall determine when the first simultaneous full reappraisal has been completed by the member municipalities of each regional assessment district. (Added 2025, No. 170 (Adj. Sess.), § 30, eff. Jan. 1, 2031.)