This bill (H.698) revises Vermont's 2025 education funding and policy framework. It removes provisions requiring schools to maintain minimum class sizes, eliminates a rule allowing receiving districts to charge sending districts extra fees for high school students, and reverts unused funds from a school district voting group back to the state General Fund. The bill also updates the state's education funding formula to add a "secondary student weight" for high school students and removes recent changes to property tax classifications affecting schools. These changes directly impact school districts, state education funding calculations, and the administration of public school tuition payments.
This bill appropriates $143,000 from the General Fund to the Agency of Natural Resources for a grant to the Green Mountain Economic Development Corporation (GMEDC). The funds will cover GMEDC's costs to reinitiate brownfields redevelopment at the Upper Valley Regional Landfill in Post Mills, Thetford, specifically for a probate proceeding to appoint GMEDC as administrator. This facilitates transferring the landfill site to new ownership for redevelopment. The grant is for fiscal year 2027 and directly affects GMEDC and the landfill site's future use.
This bill creates new taxes on high-income Vermonters to fund school construction. It imposes a 2% surcharge on personal income above $250,000 (and 6% above $500,000) and a 4% "wealth proceeds tax" on individuals, estates, or trusts with taxable income exceeding $200,000 (single filers) or $250,000 (married filing jointly). It also doubles property tax rates for nonhomestead residential properties compared to homesteads. All revenue generated flows into a dedicated "School Construction Aid Special Fund" for public school infrastructure projects. The bill directly affects high earners and property owners with significant nonhomestead holdings.
H.794 creates new tax rates for higher earners and modifies property taxes to fund school construction. It imposes a 2% surcharge on individual income above $250,000 and a 6% surcharge above $500,000, plus a wealth proceeds tax on individuals (with taxable income over $200,000 single/$250,000 married) and estates/trusts (over $15,200). It also doubles property tax rates for nonhomestead residential properties compared to homesteads. All new revenues will flow into the newly created School Construction Aid Special Fund.
This bill (H.603) excludes U.S. military disability retirement income from Vermont's personal income tax. It directly affects Vermont veterans receiving military disability retirement pay under 10 U.S.C. chapter 61. The bill provides full exclusion for taxpayers with federal adjusted gross income under $125,000, partial exclusion for incomes between $125,000-$175,000 (proportional to income above $125,000), and no exclusion for incomes of $175,000 or more. The change applies retroactively to taxable years beginning January 1, 2026.
H.643 redirects all revenue from Vermont's purchase and use tax to the Transportation Fund instead of the Education Fund, phasing out the education allocation over six years. The bill gradually reduces the annual cap for education funding - from $50 million in 2026 down to $10 million in 2030 - before fully repealing it by 2031. This change directly affects state budget allocations, shifting funds from education to transportation infrastructure without altering the tax itself. The policy change takes effect annually starting July 1, 2026, with full implementation by 2031.
H.799 creates the Free Degree Promise Program to provide tuition-free associate's degrees at Vermont's Community College of Vermont (CCV) for eligible high school graduates. It directly affects Vermont students who complete CCV's Early College program (earning 20+ credits) and submit financial aid applications. The program covers tuition/fees after other aid, provides stipends for books and transportation, and includes career advising. Funding comes annually from the Vermont Education Endowment Trust Fund (5% of assets), with the Vermont Student Assistance Corporation designated as a recipient. This codifies an existing initiative to reduce student debt and expand access to postsecondary education.
This bill prohibits municipalities from regulating farming activities already covered by Vermont's Required Agricultural Practices Rule, clarifying that local bylaws cannot restrict farm structures or operations. It provides income, capital gains, and property transfer tax exemptions for qualifying farmers and agricultural property sales, and establishes "farm kitchen operations" as a new type of food processing establishment. The bill also allows milk producers to request administrative hearings for purchasing disputes and gives the Agency of Agriculture flexibility to use contracts (not just grants) for farm-to-school programs. These changes directly affect Vermont farmers, local governments, and food processing businesses by reducing regulatory barriers and offering financial incentives.
H 323 proposes creating the Mental Health Innovation Special Fund, financed through voluntary tax checkoffs on state income returns. The fund would support three main programs: mandatory school mental health screenings for students, a peer-to-peer mental health support pilot in schools, and a statewide mental health and substance misuse literacy curriculum for students. It directs the Department of Health and Education to develop and implement these initiatives, with grant funding available for innovative mental health and substance misuse treatment programs targeting youth and workforce development. The bill establishes mechanisms for public contributions via tax forms and annual reporting requirements for fund usage, directly affecting Vermont students, schools, and mental health care providers.
H 354 creates a new "thermal efficiency benefits charge" that Vermont utility customers using unregulated fuels (like oil or propane for heating) would pay as a separate line item on their bills starting July 1, 2025. The funds collected would go into an Electric Efficiency Fund to support programs, including a 25% incentive for installing high-efficiency biomass heating systems (without requiring other energy upgrades). The charge aims to fund societally cost-effective thermal efficiency programs that help meet greenhouse gas reduction goals under Vermont law. It directly affects residential and commercial customers of unregulated fuels, not electricity or natural gas utility customers.