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JFO briefs House Ways & Means on motor vehicle purchase-and-use tax; Gov. plan would shift $10M a year to transportation fund
Summary
The Joint Fiscal Office summarized Vermont's 6% motor vehicle purchase-and-use tax, its history and current allocations (two-thirds transportation fund, one-third education fund) and described the governor's proposal to move $10 million per year from the education fund to the transportation fund until P&U revenue is fully routed to transportation by 2031.
Logan Moberry of the Joint Fiscal Office told the House Ways and Means committee on Feb. 4, 2026, that Vermont's motor vehicle purchase-and-use tax is a 6% levy collected by the DMV at purchase or registration and that certain heavy trucks and trailers are subject to statutory caps (Moberry cited a cap of $2,486 for trucks over 10,099 pounds). He said most passenger vehicles are taxed at 6% of value and short-term rentals carry a separate 9% rental charge.
Moberry outlined the tax's history and current allocation rules, noting that since a revenue swap in the mid-2000s the transportation fund receives roughly two-thirds of P&U receipts and the education fund receives one-third. "Under current law, the transportation fund receives two thirds. Education fund receives one third," Moberry…
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