House Concludes Major Changes to Property‑Tax Yield, Approves Commission on Education Finance
After extended debate, the Vermont House concurred with a Senate amendment and further amendments to H.887, applying $96 million in one‑time and ongoing revenue to lower projected property‑tax rate increases and creating a commission on the future of public education; the measure passed 93–44 on a roll call vote.
The full story
The Vermont House on a roll‑call vote approved H.887, a sweeping package of changes to homestead property tax yields and education finance that uses a mix of one‑time and ongoing revenues to reduce next year’s uniform tax‑rate increase while launching a commission to study systemic reforms.
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