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BILL AS INTRODUCED 2007-2008

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S.36

Introduced by   Senator Cummings of Washington District, Senator Doyle of Washington District and Senator Scott of Washington District

Referred to Committee on

Date:

Subject:  Taxation; property tax; recreation property; skating rinks

Statement of purpose:  This bill proposes to allow a property tax exemption without a vote for skating rinks used primarily by public schools.

AN ACT RELATING TO PROPERTY TAX EXEMPTION FOR SKATING RINKS USED BY PUBLIC SCHOOLS

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1.  32 V.S.A. § 3802(17) is added to read:

§ 3802.  PROPERTY TAX

The following property shall be exempt from taxation:

* * *

(17)  Real and personal property operated as a skating rink on a nonprofit basis and which, in the most recent calendar year, was used more than 75 percent of its operating hours by, or received more than 75 percent of its gross revenue from, public school districts for their school athletic programs.  Property exempt under this subdivision shall not require a vote under subdivision 3832(7) of this title.

Sec. 2.  EFFECTIVE DATE

     This act shall apply to grand lists for April 1, 2007, and after.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us