Woodlands and Vermont Regulations
LEGISLATIVE WRAP UP October 7, 2020
The end of the 2019-2020 legislative session came at the fall of the gavel at 6:31 pm on Friday September 25. To say that the session was challenging is an understatement. COVID-19 created an unprecedented session; however, in the end, the Legislature,…
Guide to Current Use
Do you own forestland in Vermont? Is it at least 25 acres? Vermont’s Use Value Appraisal (UVA) program, also called “Current Use” or “Land Use,” enables landowners who practice long-term forest management to have their enrolled land appraised for property taxes based…
New Cap on Capital Gains Exclusion
Author:VT Department of Taxes | | Date:June 27, 2019New cap on capital gains exclusion The existing 40% exclusion for capital gains will be capped at $350,000 under Act 71, Sec. 1, effective July 1, 2019. This means that any gain above $875,000 will be taxed at standard income tax rates….
Workers’ Comp for Loggers
Organization:Vermont Business Journal | Date:June 25, 2019New safety program to help loggers and reduce workers’ comp Governor Phil Scott today announced a new initiative to address the high cost of workers’ compensation insurance for logging contractors in Vermont’s forest economy. The Vermont Logger Safety and Workers’ Compensation Insurance…
Policy Brief: Renewable Energy
Author:Vermont Woodlands Board | | Date:February 16, 2018Public Policy Issue Brief: Renewable Wood Energy from Vermont Forests Background: Private forests have great potential to contribute to the next generation of Vermont energy use, through the increased utilization of wood as a component of a renewable energy portfolio. Vermont has…
Policy Brief: Level the Playing Field
Author:Vermont Woodlands Board | | Date:March 17, 2017Public Policy Issue Brief: Level the Playing Field for Vermont’s Forest Landowners, Foresters, and Harvesters Background Vermont’s Forests play a major social, economic, recreational, and environmental role in the state, perhaps even greater than ever now that the state faces the task…