This bill limits annual increases in per-pupil education spending for Vermont school districts during fiscal years 2028 and 2029. It requires districts to cap spending growth at a calculated "allowable growth percentage" based on how their per-pupil spending compares to the highest-spending district (excluding certain districts), with a minimum 3% growth allowed. The formula subtracts a district’s prior-year spending from the highest district’s spending, divides that difference by the district’s own spending, then multiplies by 9% to determine the maximum allowable increase. The bill applies to all Vermont public school districts and takes effect July 1, 2026.
This bill changes Vermont's cannabis regulations by removing the 30% THC limit for flower and raising the concentrate limit to 70%. It increases the per-transaction retail purchase limit from one to two ounces of cannabis or equivalent products. The bill also eliminates the requirement for cannabis businesses to submit ads to the Cannabis Control Board for review, lowers the excise tax from 14% to 10%, and allows municipalities to condition permits on local ordinances or hold 2026 election votes on cannabis establishment authorization. Additionally, it expands access to the Cannabis Business Development Fund and appropriates $1 million for it.
H 711 would exempt sales of gold or silver bullion and coins purchased for investment from Vermont's sales and use tax, effective July 1, 2026. The bill specifically covers refined gold/silver bullion and coins (like bars or minted coins) used as investment, excluding jewelry, art, or industrial metals. It amends Vermont law to clarify that this exemption promotes investment in precious metals and defines "precious metal bullion or coins" as items valued primarily by their metal content. This change directly affects individuals and investors buying investment-grade gold or silver.
This bill (H 770) directs Vermont to opt out of a federal tax credit program that allows states to subsidize contributions to scholarship organizations for school expenses. It designates the Vermont General Assembly as the sole entity authorized to make this election, explicitly stating Vermont "shall not participate" in the program under federal law (26 U.S.C. § 25F). The policy change means Vermont residents will no longer be eligible for state tax credits when contributing to scholarship organizations, as the state declines to join the federal program. The bill takes effect July 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.
This bill (H 85) expands Vermont's tax exemptions for vehicles used in forestry operations. It adds motor trucks, semi-trailers, tractors, truck cranes, and other specific forestry equipment (like skidders, log loaders, and whole-tree chippers) to the list of vehicles exempt from sales tax and purchase/use tax. The exemption applies to businesses engaged in forestry activities, including timber cutting, removal, processing, and transportation of forest products. The bill modifies existing tax code sections to include these vehicles and requires state agencies to publish application guidance.
This bill exempts certain forestry vehicles from Vermont's vehicle use tax. It provides full tax exemption for specific equipment used in timber cutting, removal, and processing (like skidders, feller bunchers, and log loaders), and a 50% tax exemption for heavier vehicles used in transportation (such as semi-trailers and trucks over 10,000 pounds). Businesses purchasing these vehicles must certify their use at purchase, and the Department of Motor Vehicles must provide application guidance. The exemptions begin July 1, 2025, and expire July 1, 2028.
H.518 proposes to repeal the State Climate Superfund Cost Recovery Program. If enacted, the Agency of Natural Resources would not be required to establish or implement this program. The bill would also eliminate the requirement for the State Treasurer to assess the cost of greenhouse gas emissions to Vermont and its residents. Any state positions authorized for the program or assessment would be terminated, and appropriated funds would be returned to the General Fund.
H 133 would repeal Vermont's current laws authorizing the state lottery (31 V.S.A. Chapter 14) and sports wagering (31 V.S.A. Chapter 25). This bill directly affects current lottery operators, sports betting providers, and participants in Vermont who rely on these legally sanctioned activities. The key mechanism is removing the specific authorizations, making any lottery or sports wagering subject to Vermont's general gambling laws (13 V.S.A. Chapter 51), which treat such activities as criminal offenses. The bill does not create new rules but eliminates the existing legal framework for these specific gambling activities.
