An act relating to the Uniform Capacity Tax and Farm Security Special Fund

This bill increases the annual tax on solar power generation capacity in Vermont from $4 to $16 per kilowatt and redirects half of the new revenue to a newly created Farm Security Special Fund. The fund will provide grants covering up to 50% of uninsured financial losses for farms affected by defined weather events like floods, droughts, or extreme heat. It directly affects solar energy businesses (above 50kW capacity) and Vermont farms experiencing weather-related income loss. The fund will be administered by the Secretary of Agriculture, with grants awarded after consultation with a Farm Security Review Board.