Vermont H0424 allows the donation of managed forestland to the state without incurring land use change tax.
Vermont H0424 permits the donation of managed forestland or reserve forestland to the Department of Forests, Parks and Recreation without incurring the land use change tax. The donation must meet specific criteria, including being directly adjacent to state lands and located within a high priority forest block. The Commissioner of Forests, Parks and Recreation must accept the donation if certain conditions are met. The donated land will be managed as state forestland or part of a state park.
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