Vermont § 7014 Tax ramifications

Vermont Statutes

§ 7014 — Tax ramifications

Vermont § 7014

Title 10Title 10: Conservation and Development

Ch. 161Chapter 161: Disposal of Low-Level Radioactive Waste

This text of Vermont § 7014 (Tax ramifications) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 10, § 7014 (2026).

Text

(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 subdivision 7012(f)(3) of this chapter. (Added 1989, No. 296 (Adj. Sess.), § 3, eff. June 29, 1990.)

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(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 subdivision 7012(f)(3) of this chapter. (Added 1989, No. 296 (Adj. Sess.), § 3, eff. June 29, 1990.)