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SUMMARY OF THE 2005 ACTS AND RESOLVES

ACT NO. 81

(H.86)

Property tax; delinquency; shortened redemption period

This act authorizes a municipality that acquires land at a tax sale to enter the land prior to the expiration of the redemption period to environmentally assess or remediate a release or potential release of hazardous substances on the land. The cost to redeem property that a municipality has entered to address a release or potential release of a hazardous substance shall include all costs for assessment and remediation.

Effective Date: July 1, 2005



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us