Pennsylvania has a "Clean and Green" act [1] that "bases property taxes on use values rather than fair market values" for farmland. Must have at least 10 acres or produce $2,000 in annual revenue off the land. For me, this cuts my property taxes substantially. If farmland is pulled out of Clean and Green (perhaps to sell it for building houses?) the landowner owes back taxes of 7 years.
I would think that other states have similar programs.
I would think that other states have similar programs.
1- http://www.agriculture.pa.gov/Encourage/farmland/clean/Pages...