Can new farmers enable agricultural land in Vermont to be enrolled in the Use Value and Appraisal Program, otherwise known as Current Use? If yes, they enable landowners to reduce their property taxes by 88% on average.
First a quick review of why the Current Use Program is significant. Among other reasons:
1. It keeps land open and productive.
2. It enables a significant property tax benefit for the landowner.
Now to answer the above question. Yes, new farmers can enable agricultural land to be enrolled in Current Use. If the farmer owns the land, the land is presumed to be “agricultural land,” and it can be enrolled. If the farmer leases the land for a period of three years or more, it is presumed to be “agricultural land,” and it can be enrolled. To meet these criteria a farmer would need to meet the Current Use program definition of…
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