An act relating to local option taxes

This bill amends Vermont's local option tax laws to allow municipalities to impose specific taxes as an alternative revenue source. It authorizes local governments to vote on adding a one percent sales tax, meals and alcoholic beverages tax, or rooms tax. The legislation also validates local option tax votes from 2022, permitting those approved taxes to be assessed at the 2022 annual municipal meeting. Municipalities must meet specific criteria related to education tax rates or property values before adopting these taxes, and the act takes effect on July 1, 2023.