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H.668

SHORT FORM

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

Referred to Committee on

Date:

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)



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us