State Codes and Statutes

Statutes > Vermont > Title-10 > Chapter-161 > 7014

§ 7014. Tax ramifications

(a) All property and business of the authority is devoted to an essential public and governmental function and purpose and is exempt from all taxes, franchise fees, and special assessments of whatever nature of the state or any subdivision of the state.

(b) The authority annually shall pay a municipality, in which a disposal site is located, an amount in lieu of taxes equal to the amount of property tax that would be paid on such a disposal site by an owner subject to property tax.

(c) The authority shall pay all applicable state and local permit fees, including any fees negotiated pursuant to section 7012(f)(3) of this chapter. (Added 1989, No. 296 (Adj. Sess.), § 3, eff. June 29, 1990.)

State Codes and Statutes

Statutes > Vermont > Title-10 > Chapter-161 > 7014

§ 7014. Tax ramifications

(a) All property and business of the authority is devoted to an essential public and governmental function and purpose and is exempt from all taxes, franchise fees, and special assessments of whatever nature of the state or any subdivision of the state.

(b) The authority annually shall pay a municipality, in which a disposal site is located, an amount in lieu of taxes equal to the amount of property tax that would be paid on such a disposal site by an owner subject to property tax.

(c) The authority shall pay all applicable state and local permit fees, including any fees negotiated pursuant to section 7012(f)(3) of this chapter. (Added 1989, No. 296 (Adj. Sess.), § 3, eff. June 29, 1990.)


State Codes and Statutes

State Codes and Statutes

Statutes > Vermont > Title-10 > Chapter-161 > 7014

§ 7014. Tax ramifications

(a) All property and business of the authority is devoted to an essential public and governmental function and purpose and is exempt from all taxes, franchise fees, and special assessments of whatever nature of the state or any subdivision of the state.

(b) The authority annually shall pay a municipality, in which a disposal site is located, an amount in lieu of taxes equal to the amount of property tax that would be paid on such a disposal site by an owner subject to property tax.

(c) The authority shall pay all applicable state and local permit fees, including any fees negotiated pursuant to section 7012(f)(3) of this chapter. (Added 1989, No. 296 (Adj. Sess.), § 3, eff. June 29, 1990.)