§ 1211 - Property tax credits - Vermont Statutes

§ 5-1211. Property tax credits

By resolution or ordinance, the city council may grant credits equal to no more than 10 percent of the annual municipal property tax, or reductions of up to 10 percent of the appraised valuation, for residential and nonresidential buildings equipped with an operating fire sprinkler system approved by the fire chief in accordance with applicable codes and ordinances. (Added 2007, No. M-11, § 2, eff. April 27, 2007.)