The Vermont Statutes Online
The statutes were updated in November, 2018, and contain all actions of the
2018 legislative session.
Subchapter 004 : STATE PAYMENT IN LIEU OF PROPERTY TAXES(Cite as: 32 V.S.A. § 3706)
§ 3706. Payment to municipalities
Grants under this subchapter shall be made annually by the Secretary of Administration to each eligible municipality on or before December 1, 1997, and on or before October 31 in years thereafter. Nothing in this subchapter shall be construed or permitted to affect the tax exempt status of the University of Vermont and State Agricultural College, as provided by statute and guaranteed by that institution's charter. (Added 1997, No. 60, § 53.)