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Ways & Means reviews catchall miscellaneous tax bill; staff to seek Department of Taxes testimony
Summary
The House Ways & Means committee reviewed a miscellaneous tax bill Jan. 15 that bundles administrative and policy changes — including an S‑corp credit repeal, transfer‑tax anti‑avoidance language, current‑use adjustments, valuation rules and several technical fixes. Staff will invite the Department of Taxes back for detailed testimony; no votes were taken.
The House Ways & Means Committee met Jan. 15 to walk through a miscellaneous tax bill that packages a range of technical and administrative changes to Vermont tax law. Kirby Keating, legislative counsel, guided members through the draft and flagged items that originated with the Department of Taxes; the department’s deputy commissioner, Rebecca Samaroff, was listed on the agenda but was not present and was expected to return for detailed testimony.
The bill is a catchall for mostly revenue‑neutral or low‑impact changes and, according to Keating, will likely sit in committee…
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