State Tax Laws > Property Taxes > Vermont (Summary)

Tax Type: Current Use

Description: Set by an advisory board.

Law: Agricultural & Managed Forest Use Value Program (32 Vt. Stat. Ann.) Chap. 124, subchap. 1

Objective: To encourage and assist the maintenance of Vermont’s productive agricultural and forest land, to prevent the accelerated conversion of these lands to more intensive use by the pressure of property taxation at values incompatible with the productive capacity of the land, and to achieve more equitable taxation of undeveloped land.

Forest Tax Program Requirements

Min/Max Acreage: 25

Min. Stocking Growth: N/A

Forest Management Plan: Department of Forests, Parks and Recreation approves forest or conservation management plan.

Evidence of Use: Plans are audited every 5 years by Department of Forests, Parks and Recreation.

Duration of Enrollment: Indefinite

Penalties for Use Change: 20% of past due tax if enrolled for 10 years or less; 10% of past due tax if enrolled for more than 10 years.

Program Administration

State: Current use advisory board member. State Department of Forestry approves forest or conservation management plan.

County Tax Assessor and Commissioner: N/A

University: Serves on current use advisory board.

Landowner: N/A

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