The Current Use Open Space Taxation Act states that it is in the best interest of the state to maintain, preserve, conserve and otherwise continue in existence adequate open space lands for the production of food, fiber and forest crops and to assure the use and enjoyment of natural resources and scenic beauty for the economic and social well-being of the state and its citizens. Upon removal of classification, an additional tax, interest and penalty shall be due.
The law provides for two classifications:
Farm and Agricultural - Land primarily devoted to the production of livestock or agricultural commodities for commercial purposes.
Open Space - Land retained in its natural state. Land that would enhance, protect or preserve natural areas, i.e. parks, sanctuaries, historic sites, scenic resources, streams, beaches.