The bill H.291 proposes changes to the Use Value Appraisal Program in Vermont, specifically addressing the taxation of land that is posted against hunting, fishing, or trapping. It stipulates that such posted land will be subject to a higher tax rate compared to agricultural land or managed forestland. The Board responsible for setting land values will now include a recommendation that land posted under 10 V.S.A. § 5201 should incur a tax rate equal to 25 percent of the difference between the parcel's use value and its grand list value.

Additionally, the bill amends the qualifications for use value appraisal to explicitly state that enrolled land posted against hunting, fishing, or trapping will be assessed at this higher tax rate. The act is set to take effect on July 1, 2025. The changes aim to ensure that the taxation of posted lands reflects their use and management, thereby impacting the financial responsibilities of landowners who restrict access to these lands.

Statutes affected:
As Introduced: 32-3754, 32-3756