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Senate passes H.850 to correct school finance incentives, adds $500,000 for election costs
Summary
The Vermont Senate passed H.850, a temporary correction to issues created by Act 127 that lawmakers say produced perverse incentives in district budgeting. The bill includes a $500,000 appropriation to the Secretary of State to offset costs if districts must rewarn or reschedule votes.
The Senate on voice votes passed H.850, a bill the sponsor said is intended to fix a misinterpretation of Act 127 and ease immediate pressures on school districts facing large budget increases.
"This bill is trying to solve confusion as to what was happening out there with property taxes and with school spending," said the Senator from Washington, explaining that earlier changes created winners and losers among districts and that the House version accelerated benefits to some districts. The senator said the…
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