Vermont H0730 amends Act 250 to exempt certain housing projects from permit requirements and revises property valuation and notice requirements.

Vermont H0730 modifies Act 250 by exempting certain housing projects from permit requirements until July 1, 2027. These exemptions apply to cooperatives, condominiums, dwellings, or mobile homes with 75 units or fewer, constructed within designated areas. The bill also requires the Department of Taxes to consider development impacts when appraising parcels. Additionally, it mandates the Land Use Review Board to adopt rules for Tier 3 areas, including defining critical natural resources and establishing criteria for their protection.

Vermont H0730 amends Act 250 to exempt certain housing projects from permit requirements and revises property valuation and notice requirements.

Vermont H0730 modifies Act 250 by exempting certain housing projects from permit requirements until July 1, 2027. These exemptions apply to cooperatives, condominiums, dwellings, or mobile homes with 75 units or fewer, constructed within designated areas. The bill also requires the Department of Taxes to consider development impacts when appraising parcels. Additionally, it mandates the Land Use Review Board to adopt rules for Tier 3 areas, including defining critical natural resources and establishing criteria for their protection.