Do State Property Tax Programs Preserve Farmland?

Thomas F. Hady

Rural America/ Rural Development Perspectives, 1981, vol. 04 RDP, issue 4

Abstract: Differential assessment programs for farmland started as an experiment in a few States in the late fifties, expanding to 48 States by 1979. The legislation was intended to provide tax relief to farmers and help preserve farmland by assessing farms at their agricultural value, rather than market value. As these laws became widespread, each State developed a slightly different set of provisions. It is, therefore, difficult to classify them in a few general categories. But, there are three broad types: preferential assessment, deferred tax, and restrictive agreement. Some States have more than one type.

Keywords: Community/Rural/Urban Development; Land Economics/Use; Public Economics (search for similar items in EconPapers)
Date: 1981
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/310177/files/RDP0981j.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uersra:310177

DOI: 10.22004/ag.econ.310177

Access Statistics for this article

More articles in Rural America/ Rural Development Perspectives from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().