32 V.S.A. § 3754 — Powers and duties of Board

(a) The Board shall meet at least annually, prior to February 1, to review all past current
use land values for agricultural land and managed forestland recommended by past boards,
to review the criteria for lands previously established, and to establish new criteria
and values as legislation and land management practices may indicate, to establish
a schedule of criteria and values to be recommended for the current tax year, and
to recommend such changes and improvement in the administration of this subchapter
as experience and public reaction may recommend. The Board’s criteria and recommended
values may reflect the class, type, grade, and location of the land, together with
its productive capacity and the income-producing capability of agricultural land and
forestland.
(b) Annually, on or before October 15, the Board shall hold a public hearing and such
other hearings as they deem necessary to receive public testimony on the criteria
and values for use value appraisals in the coming tax year and on the administration
of this subchapter.
(c) Prior to February 15 each year, the Board shall submit to the Director its recommended
schedule of criteria and values for use value appraisals for the current tax year.
The Director shall then distribute the valuations to all municipalities, towns, and
gores, and the assessing officials shall appraise qualifying agricultural and managed
forestland at these use values.
(d) The Board may adopt rules under the authority granted to agencies by 3 V.S.A. chapter
25, subchapter 1 to interpret and carry out the provisions of this subchapter.
(e) A member of the Board shall not vote on any issue on which the member, or when applicable
the member’s agency, has a conflict of interest. (