H 850 Vermont House · 2023-2024 Regular Session

An act relating to transitioning education financing to the new system for pupil weighting

This bill establishes a transition process for Vermont's school funding system by comparing how student enrollment is weighted under the current formula versus a new one, with the goal of ensuring fair financial support for all districts. It calculates each district's relative change in funding share and adjusts homestead property tax rates accordingly, giving districts that lose funding under the new system a temporary reduction in their tax rate that phases out over five years. The legislation also allows school districts to cancel certain budget votes and move them to an earlier date in 2024, with $500,000 appropriated to cover associated election costs. These changes take effect immediately upon passage and are designed to facilitate the shift to a new pupil weighting system while protecting districts from immediate financial shortfalls.
Bill status signed all 5 stages cleared
Introduction
Feb 2024
Committee Review
Feb 2024
House Passage
Feb 2024
Senate Passage
Feb 2024
Signed into Law
Feb 2024
Introduced Feb 9, 2024 Signed Feb 22, 2024
Maddy AI version diff · 5 comparisons

What changed between versions

As Enacted As Passed by Both House and Senate (Official) · 3 edits
MINOR
This diff reflects a reformatting of H.850 from its enacted (governor-signed) form to its official 'as passed by both chambers' form, with one substantive policy change: the $500,000 election-cost appropriation is narrowed in scope. The enacted version covered costs incurred under the bill or under 2023 Acts and Resolves No. 1, while the as-passed version limits coverage to costs 'as a direct result of rewarning or postponing a school district budget vote pursuant to this section,' removing the reference to Act 1 of 2023.
Scope change
The funding scope for the $500,000 election-cost appropriation is narrowed by removing coverage for costs under 2023 Acts and Resolves No. 1 and limiting it to direct rewarning/postponement costs under this bill only.
FISCAL

The $500,000 appropriation for election costs is narrowed. The enacted version covered costs 'pursuant to this section or the provisions of 2023 Acts and Resolves No. 1.' The as-passed version covers only costs 'as a direct result of rewarning or postponing a school district budget vote pursuant to this section,' removing the Act 1 of 2023 reference and adding specificity about what qualifies.

TECHNICAL

Section numbering changed: the PURPOSE provision is no longer a standalone numbered section in the operative bill text. The enacted version had five sections (Purpose, Repeal, Tax Rate Transition, Budgets, Effective Date); the as-passed version has four operative sections (Repeal, Tax Rate Transition, Budgets, Effective Date) with Purpose appearing separately.

Extensive formatting changes: the document goes from a 4-page signed-law format (No. 84, with governor signature date of February 22, 2024) to a 9-page legislative 'as passed' format including committee introduction info, subject line, statement of purpose, and page headers reading 'BILL AS PASSED BY THE HOUSE AND SENATE.'

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
39
Key actions
13
Committee
11
Amendments
2
Feb 22, 2024
Signed into law
Signed by Governor on February 22, 2024
executive
Feb 21, 2024
Lower · Passed
Delivered to the Governor on February 21, 2024
lower
Feb 21, 2024
Lower · Passed
Senate Message: Passed in concurrence
lower
Feb 21, 2024
Upper · Passed
Rules suspended & messaged to House forthwith, on motion of Senator Baruth
upper
Feb 21, 2024
Upper · Passed
Reported favorably by Senator Kitchel for Committee on Appropriations
upper
Feb 21, 2024
Upper · Passed
Reported favorably by Senator Cummings for Committee on Finance
upper
Feb 21, 2024
Upper · Passed
Favorable report by Committee on Appropriations
upper
Feb 21, 2024
Upper · Passed
Favorable report by Committee on Finance
upper
Feb 20, 2024
Committee
Referred to Committee on Appropriations per Senate Rule 31
upper
Feb 20, 2024
Upper · Passed
Favorable report by Committee on Finance
upper
Feb 15, 2024
Introduced
Read 1st time & referred to Committee on Finance
upper
Feb 14, 2024
Lower · Passed
Report of Committee on Appropriations agreed to
lower
Feb 14, 2024
Introduced
Rep. Sibilia of Dover moved to amend the bill
lower
Feb 14, 2024
Lower · Passed
Rep. Toof of St. Albans Town moved to amend the report of the Committee on Appropriations
lower
Feb 14, 2024
Lower · Passed
Rep. Scheu of Middlebury recommended for the Committee on Appropriations
lower
Feb 14, 2024
Lower · Passed
Rep. Beck of St. Johnsbury spoke for the Committee on Ways and Means
lower
Feb 14, 2024
Introduced
Notice Calendar: Favorable with Amendment
lower
Feb 9, 2024
Committee
Referred to Committee on Appropriations per Rule 35(a)
lower
Feb 9, 2024
Introduced
Read first time
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.