Vermont § 3802 - Property tax The following property shall be exempt from taxation:

§ 3802. Property tax The following property shall be exempt from taxation:

• (1) Real and personal estate owned by this State, except as otherwise provided; real and
  personal estate owned by the United States; U.S. securities that are specially exempt
  from taxation by the laws of the United States at the time of making the list, except
  that this subdivision shall not prohibit a federal agency from making payments for
  taxes on repossessed or voluntarily conveyed single family, multifamily living units,
  or farm properties. (2) Real and personal property owned by a post of any veterans’ organization chartered
  by act of Congress of the United States or owned by a corporation the members or stockholders
  of which are members of such post or its auxiliary, provided such real estate is used
  for purposes of the post or its auxiliary or such corporation only, is used as the
  principal meeting place of such post or its auxiliary in the exercise of its functions
  and activities, and is not leased or rented for profit, and real and personal property
  owned by and used for the purpose of its work by a nonprofit organization chartered
  by act of the Congress of the United States, such as a Red Cross, boy scout, girl
  scout, or boy or girl organization. (3) Personal estate owned by inhabitants of this State situated and taxed in another state. (4) Real and personal estate granted, sequestered, or used for public, pious, or charitable
  uses; real property owned by churches or church societies or conferences and used
  as parsonages and personal property therein used by ministers engaged in full-time
  work in the care of the churches of their fellowship within the State; real and personal
  estate set apart for library uses and used by the public and private circulating libraries,
  open to the public and not used for profit; lands leased by towns or town school districts
  for educational purposes; and lands owned or leased by colleges, academies, or other
  public schools or leased by towns for the support of the gospel; and lands and buildings
  owned and used by towns for the support of the poor therein; but private buildings
  on such lands shall be set in the list to the owners thereof, and shall not be exempt.
  The exemption of lands owned or leased by colleges, academies, or other public schools
  shall not apply to lands or buildings rented for general commercial purposes, nor
  to farming or timberlands owned or leased thereby; but this provision shall not affect
  the exemption of so-called school or college lands, sequestered to such use prior
  to January 28, 1911. (5) [Repealed.] (6) Buildings, land, and personal property owned and occupied by a Young Men’s Christian
  Association or a Young Women’s Christian Association for the purposes of its work,
  the income of which is entirely used for such purposes. (7) Lands used for cemetery purposes and the structures thereon, trust funds and other
  property belonging to or held by cemetery associations, and the lots of the proprietors
  thereof. (8) Household furniture and equipment of every person not regularly used as income-producing
  property; household provisions; personal wearing apparel and ornament; private and
  professional libraries; shrubs and plants located in a commercial greenhouse or nursery;
  fowl; sheep; cattle; horses; goats; swine; bees; hay and produce sufficient to winter
  out the stock; tractors and other machinery of a farmer, not used for hire or contract
  purposes; real and personal farm property constructed and used for the storage of
  manure and designed to avoid water pollution; tools and implements of a mechanic or
  farmer; aircraft, automobiles, and motor vehicles, but not including trailer coaches;
  and motorized highway-building equipment and road-making appliances as defined in
  23 V.S.A. § 4(19) and (31) required to be registered as motor vehicles. (9) Grounds and property owned and occupied by agricultural societies, so long as the
  same are used annually for agricultural fairs. (10) [Repealed.] (11)(A)