Understanding PA 490 Webinar

Are you interested in reducing your property taxes? Enrollment in Connecticut’s Public Act 490 (PA 490) program allows open space, farmland and forests to be taxed at a lower rate.

“PA 490 is the premier program to help our state maintain working farmland, forestland and open space land but it is complex. Since PA 490 was enacted, The Connecticut Farm Bureau Association (CFBA) has become the trusted resource for municipalities and landowners when it comes to understanding how the program works,” says Joan Nichols, CFBA’s Executive Director.

The program will provide an overview of PA 490, explain how land is classified and assessed under the program, describe the PA 490 land application process, as well as tips for maintaining the PA 490 classification. Time is allocated for questions and answers.

Attendance is especially recommended for anyone wanting to understand how land transfers and estate planning impact PA 490 land classification.