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Committee of Conference Discusses Broad Tax-Credit Package; Tax Department Cost Review Could Delay Action

May 31, 2025 | Ways & Means, HOUSE OF REPRESENTATIVES, Committees, Legislative , Vermont


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Committee of Conference Discusses Broad Tax-Credit Package; Tax Department Cost Review Could Delay Action
Members of a committee of conference discussed a proposed package of tax credits intended to help Vermonters, but participants warned a cost analysis by the tax department could delay action.

The discussion opened with expressions of support for the proposal. A committee member said, "I really liked your bill, and I'm glad you have put it forward. So, thanks for all your good work." Another committee member responded, "I'm really excited about what these tax credits are gonna do for Vermonters to improve their lives and, you know, many different lives. I think it's a really incredibly broad based set of tax credits. And I'm hopeful I talked to a number of people who worked on the tax credit that you all put forward, and I'm really hopeful that more work can get done to, add more definition to it so we can discuss it further next year."

A separate committee member raised concerns about the administrative cost estimate the group had requested from the tax department, saying, "Oh, I know there's a cost, you know, with the tax department, but I'm a little concerned about what we asked tax department. Mhmm. So we might not get it this year. I'm sorry. This is not gonna be here." That exchange left the committee discussing whether the item would proceed this session or be deferred for further definition and analysis.

The transcript shows participants referenced a procedural "seating" for a House proposal and attendees acknowledged uncertainty about committee rituals and timing. There is no formal motion, vote, or recorded direction in the transcript segment provided.

Discussion-only items in the transcript include the broad scope of the credit package, requests for further definition, and concern over the tax department's cost analysis. A quoted committee member said the group could "discuss it further next year," indicating participants viewed additional work or delay as possible rather than final action.

No statutes, ordinances, resolutions or specific fiscal figures were cited in the transcript excerpt provided. The tax department was referred to generically as "the tax department."

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