The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
001
:
INVENTORIES
(Cite as: 32 V.S.A. § 4001)
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§ 4001. Inventory forms
(a) Annually on April 1, at the expense of the State, the Director shall furnish to the
several town clerks and boards of appraisers for unorganized towns and gores inventory
forms sufficient in number to meet the requirements of this chapter. Such forms shall
be formulated by the Director and, among other things, shall contain suitable interrogatories
requiring each taxpayer to furnish therein a brief statement of all of each taxpayer’s
taxable property, real and personal, and such other information, including income
and expense information with respect to any income-producing properties, as will enable
the listers or appraisers to appraise such part thereof as is required by law to be
by them appraised, and to make up the abstract of individual lists and grand list
in the manner prescribed by law.
(b) The Director shall include in the blank inventories furnished pursuant to subsection
(a) of this section sufficient space for describing the personal property of the taxpayer.
This information may be furnished by schedules to be attached to the inventories.
(c) Listers shall obtain detailed inventory information respecting real and personal property
only in such cases as in their judgment is necessary to ascertain the fair market
value of property that is subject to an appraisal or reappraisal. (Amended 1977, No. 105, § 14(a); 1999, No. 49, § 25, eff. June 2, 1999; 2005, No. 38, § 5, eff. June 2, 2005.)