Land Use & Zoning

Vermont's 'land use change tax' imposed on Current Use Program land that is converted to non-qualifying use:

AIs a flat $500 fee
BRecaptures a portion of the tax benefits received during the period of enrollment✓ Correct
COnly applies to agricultural land
DIs waived for conservation easements

Explanation

When Vermont Current Use Program land is developed or converted to a non-qualifying use, the landowner pays a land use change tax that recaptures a portion of the tax savings received during enrollment in the program.

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