Introduced by Representatives Perry of Richford, Bostic of St. Johnsbury, Branagan of Georgia, Gervais of Enosburg, Larson of Burlington, LaVoie of Swanton, Malcolm of Pawlet, Marron of Stowe, McAllister of Highgate, Miller of Shaftsbury, Parent of St. Albans City and Severance of Colchester
Subject: Taxation; property tax; use value appraisal
Statement of purpose: This bill proposes that grand list value shall be based upon the property’s actual current use, not the property’s highest and best use.
AN ACT RELATING TO UNIVERSAL USE VALUATION
It is hereby enacted by the General Assembly of the State of Vermont:
(TEXT OMITTED IN SHORT-FORM BILLS)
The Vermont General Assembly
115 State Street