The Vermont Statutes Online
Conservation and Development
ACQUISITION OF INTERESTS IN LAND BY PUBLIC AGENCIES
As used in this
agency" means the agency of natural resources or any of its departments,
agency of transportation, agency of agriculture, food and markets or Vermont
housing and conservation board.
"Qualified organization" means:
organization qualifying under Section 501(c)(3) of the Internal Revenue Code of
1986, as amended, which is not a private foundation as defined in Section
509(a) of the Internal Revenue Code, and which has been certified by the commissioner
of taxes as being principally engaged in the preservation of undeveloped land
for the purposes expressed in section 6301 of this title.
organization qualifying under Section 501(c)(2) of the Internal Revenue Code of
1986, as amended, provided such organization is controlled exclusively by an
organization or organizations described in subdivision (2)(A) of this section.
"Taxation" and "tax" means ad valorem taxes levied by the
state and its municipalities. (Added 1987, No. 200 (Adj. Sess.), § 42; amended
1989, No. 256 (Adj. Sess.), § 10(a), eff. Jan. 1, 1991; 2003, No. 42, § 2, eff.
May 27, 2003.)