Land Economics · 1981 · 16 citations · 2 references
LawAgricultural EconomicsTax LawLand Use PolicyProperty TaxationTaxationAgricultural Resource ValuationLand Resource AssessmentLand TaxationLand ValuationProperty TaxUse TaxAgricultural Property ReliefAssessment Of Agricultural PropertyCurrent Use ValuationDirect Use ValueFarmland Tax AssessmentLand Use ValuationProperty Taxation Of FarmlandUse Value Analysis
provide property tax relief for farmland owners (Dunford 1980). Most of these programs provide for the assessment of eligible farmland on the basis of its current use value rather than its market value, which may be affected by various nonfarm influences. The State of Washington enacted one of these usevalue assessment programs in 1970 through the passage of the Open Space Tax Act (OSTA). In 1978, approximately 5.5 million acres of enrolled land in
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