Print

The Vermont Statutes Online



Title

06

:
Agriculture






Chapter

002

:
AGRICULTURAL LAND DEVELOPMENT RIGHTS ACQUISITION PROGRAM











 

§

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.)