An act relating to the eligibility of posted land for enrollment in the Use Value Appraisal Program

This bill modifies Vermont's Use Value Appraisal Program by reducing tax benefits for land that is posted against hunting, fishing, or trapping. It directly affects landowners who have enrolled their property in the program while also restricting public access for outdoor recreation. The key provision requires a 25 percent reduction in the tax benefit for each category of enrollment where the land is posted. This change aims to lower the financial advantage of using the program on restricted land by calculating the reduction based on the difference between the property's use value and its grand list value. The legislation would apply to existing and future enrollments of posted land within the state's conservation tax system.