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Show Deadline for Filing '69 Farmland Assessment AGt Applications G. Douglas Taylor Commissioner, Commis-sioner, Utah State Tax Commission, Commis-sion, reminded all interested persons per-sons who wish to apply for special assessment under the 1969 Farmland Assessment Act that they have until October 1 to apply without a penalty. Applications Ap-plications will be accepted after October 1 until November 30, but a late filing fee of $25.00 will be charged on all applications received after October 1. All necessary ne-cessary forms can be obtained from your county agent. The 1969 Farmland Assessment Assess-ment Act, or "Greenbelt" law, provides for assessment of agricultural agri-cultural land based on its productivity pro-ductivity rather than its fair market value." In counties where a state-conducted reappraisal reap-praisal program has taken place, it may be advantageous for those engaged in agricultural pursuits to make application under the provisic.ns of this law. Individual Individ-ual land owners should determine deter-mine the eligibility of their property prop-erty and probably tax .savings, if any, that may accrue to them by filing for taxation under the Farmland Assessment Act. To qualify for agricultural use taxation, a parcel of land must 'U) comprise at lease five contiguous con-tiguous areas exclusive of the on-site and all other non-agricultural acreage. The Tax Commission Commis-sion may, upon appeal by the property owner and submission of proof that the owner obtains 80 cent or more of his income from agricultural products on an area of less than five contiguous con-tiguous areas, grant a waiver of the acreage limitation; (2) the parcel must have been used for agricultural production for five years preceding application; (3) earned a gross annual income of $250.00, and the owner of such land must make an application to have his property valued, assessed as-sessed and taxed under the law. Application must be made to the ccunty assessor's office in the county where the land is located. The law specifies agricultural agri-cultural use as any use that Is normally thought of as being related to agriculture, including fur animals, trees, fruits and vegetables. If you have any questions concerning con-cerning the 1969 Farmland Assessment As-sessment Act., contact your county assessor or the State Tax Commission, Local Valuation Division, 2870 Connor Street, Salt Lake City, Utah 84109. MAX LIMB Beaver County Assessor Published in The Beaver County News, August 30 and September 6, 1973. |