Vermont VT Essex Junion Municipality 2019 Village of Essex Junction Commercial Tax Stabilization Policy General Economic Development (not specified) Essex Junction Property Tax Tax Abatement (not specified) $14,304 $0 $14,304 (none) 13859 Vermont VT Essex Junion Municipality 2019 Tax Abatement Program Recreational Purposes (not specified) Essex Junction Property Tax Tax Abatement (not specified) $1,714 $0 $1,714 (none) 13860 Vermont VT Essex Junion Municipality 2019 Historic Building Abatements General Economic Development (not specified) Essex Junction Property Tax Tax Abatement (not specified) $793 $0 $793 (none) 13861 Vermont VT Vermont State 2019 Agricultural and Managed Forest Land Use Program Conservation of farmland, forest, open space, or water 32 V.S.A. 3756 State of Vermont Education Property Tax Reduction of assessed value Once enrolled in the program land is subject to a lien, if this land is ever developed or removed from the program, the owner at the time of development must pay a land use change tax of 10% tax on the full fair market value of the changed land determined without regard to the use value appraisal $45,385,579 $0 $45,385,579 (none) https://auditor.vermont.gov/reports/audit/financial 13862 Vermont VT Vermont State 2019 Vermont Affordable Housing Tax Credit Affordable Housing 32 V.S.A. 5930u State of Vermont Personal Income Tax; Corporate Income Tax; Bank Franchise Tax; Insurance Premium Tax Tax Credit (not specified) $3,264,119 $0 $3,264,119 (none) https://auditor.vermont.gov/reports/audit/financial 13863 Vermont VT Vermont State 2019 Vermont Employment Growth Incentive Business attraction/retention/expansion 32 V.S.A. 3330 State of Vermont Personal Income Taxes Tax refund For three years from the last day of the utilization period if the business experiences a 90% or greater reduction in base employment, or if the business fails to file required claim forms. In addition, if the business fails to meet its capital investment performance requirements by the end of the award period the abatements paid may be recaptured. $2,876,311 $0 $2,876,311 (none) https://auditor.vermont.gov/reports/audit/financial 13864 Vermont VT Vermont State 2019 Vermont Downtown and Village Center Tax Credit Program Historic Preservation 32 V.S.A. 5930cc State of Vermont Personal Income Tax; Corporate Income Tax; Bank Franchise Tax; Insurance Premium Tax Tax Credit If, within five years after completion of the qualified project the applicant shall be liable for a recapture penalty in an amount equal to the total Tax Credit claimed if the Vermont Downtown Development Board finds that any work performed on the qualified project is inconsistent with the approved application; or the applicant knowingly failed to supply any information, or supplied incorrect or untrue information or failed to comply with any award condition; or in the case of the Historic Rehabilitation Tax Credit, the National Park Service revokes certification for unapproved alterations or for work not done as described in the Historic Preservation certification application. $2,188,991 $0 $2,188,991 (none) https://auditor.vermont.gov/reports/audit/financial 13865 7