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House overrides veto on education yield bill, citing tax relief for property owners
Summary
The House overrode the governor's veto of H.887, the yield bill adjusting homestead yields and non‑homestead rates and providing about $95.5 million in tax relief; the override passed 103‑42 in a 145‑member roll call.
The House voted to override the governor's veto of House Bill 887, a multicomponent bill addressing homestead property tax yields, nonhomestead rates and related education finance changes.
Supporters, including the member from Brattleboro, said the bill reduces property taxes by roughly $95.5 million (including $26.5 million in ongoing revenue and $69 million in one‑time funds) and provides near‑term relief and structural work to reimagine education finance going forward.
Opponents described the proposal as another layer of taxes and studies that could produce double‑digit increases in property tax bills for some Vermonters, criticized inclusion of new tax mechanisms such as a cloud tax and short‑term rental taxes, and urged more careful structural reform rather than the proposed approach.
The clerk recorded 145 members present. The roll call produced 103 yes and 42 no, exceeding the two‑thirds threshold; Madam Speaker announced the governor's veto had been overridden. The House then voted to message the actions on H.687, H.72 and H.887 to the Senate forthwith.
Next steps: the bill and the House's message will go to the Senate for further action and implementation details and fiscal effects will be tracked by the agencies and JFO.
