The bill S.314, introduced by Senators Williams and Heffernan, proposes a new annual surcharge of $1.00 per acre for land enrolled in the Use Value Appraisal Program that is posted against hunting, fishing, or trapping. This surcharge is intended to generate revenue for the Fish and Wildlife Fund. The Current Use Advisory Board will be responsible for recommending this surcharge when determining values for eligible land for the current tax year. Additionally, the bill mandates that landowners must certify in writing that their posted land is enrolled in the program and notify the Commissioner if they post their land after enrollment.

The bill also includes amendments to existing statutes, specifically 32 V.S.A. 3754 and 3755, to incorporate the new surcharge and the requirements for landowners. The Board's responsibilities are clarified, including the need to hold public hearings and submit recommended values for use value appraisals annually. The act is set to take effect on January 1, 2027.

Statutes affected:
As Introduced: 32-3754, 32-3755