The state Tax Department offers forest and agricultural landowners the opportunity to have their land taxed at current use values. To qualify in the forest land portion of the program, owners must enroll a minimum of 25 acres, provide a forest management plan approved by the Department of Forests, Parks and Recreation, file an annual conformance report and allow monitoring of their conformance with the management plan. In exchange, landowners receive current use assessments on their property for tax purposes. This results in between $200 and $2,000 per year savings. At present there are more than 1.2 million acres in approximately 9,000 parcels enrolled. The program costs between $11 and $13 million per year. These disbursements are paid through Act 60, the state's educational funding law.
REMINDER: This listing is a free service of LandCAN.
Current Use Tax Program is not employed by or affiliated with the Land Conservation Assistance Network, and the Network does not certify or guarantee their services. The reader must perform their own due diligence and use their own judgment in the selection of any professional.