Senate panel debates S.127 CHIP changes on affordability, short‑term rentals, and tax‑increment rules
The Senate Economic Development, Housing & General Affairs Committee met May 28 to review differences between the House and Senate versions of S.127, the Housing Infrastructure Pilot (CHIP), focusing on affordability definitions, tax‑increment retention rates, covenant duration tied to indebtedness, short‑term rental limits and alignment with existing TIF rules.
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MONTPELIER, Vt. — The Senate Economic Development, Housing & General Affairs Committee met May 28 to review differences between the House and Senate versions of S.127, the Housing Infrastructure Pilot (CHIP), and discussed changes the Senate plans to carry into conference with the House.
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