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Bill would extend Vermont sales-and-use tax exemption to logging trucks and repair parts
Summary
Representative Jed Lipsky introduced H.85 to exempt log-hauling trucks, trailers and repair parts from Vermont's purchase and use tax and related excise, arguing parity with neighboring states and an incentive to invest in cleaner engines.
Representative Jed Lipsky introduced H.85 on Feb. 14 to make log-hauling trucks, pulp-and-chip trailers, service trucks and related repair parts eligible for Vermont's purchase-and-use and excise-tax exemptions.
The bill would expand exemptions the General Assembly granted for logging equipment in 2017 and 2018 to include motor vehicles and trailers used in forest operations, Lipsky told the committee. He said neighboring states exempt these vehicles and that extending the exemption would help Vermont logging contractors remain competitive and invest in newer, lower-emission engines.
"This bill is intended to bring parity…
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