Connecticut (Summary)
Tax Type: Current use value based on forest productivity.
Description: All forest values are weighted into one productivity value.
Law: PA 490 - Current Use Value Assessment Act of 1963, and CT Gen. Statutes sec. 12-107b
Objective: "(a) that it is in the public interest to encourage the preservation of farm land, forest land and open space land . . .(b) that it is in the public interest to prevent the forced conversion of farm land, forest land and open space land to more intensive uses as the result of economic pressures caused by the assessment thereof for purposes of property taxation at values incompatible with their preservation as such farm land, forest land and open space land
Forest Tax Program Requirements
Min/Max Acreage: 25
Min. Stocking Growth: Growth and quantity in opinion of State Forester to constitute proper forest condition.
Forest Management Plan: A base map of the forest land acreage proposed for designation and short narrative must be prepared by a forester.
Evidence of Use: Service Forester issues a certificate of Forest Land.
Duration of Enrollment: N/A
Penalties for Use Change: 10% of sale price in year one of forest classification, decreasing by 1% for every year so classified. No conveyance tax after year 10.
Program Administration
State: N/A
County Tax Assessor and Commissioner: County Tax Assessor files application for enrollment.
University: N/A
Private Forestry Consultant: N/A
Landowner: N/A
For a more in depth discussion of Connecticut property taxes click here!