Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate Finance hears S.315 to phase out education property tax for long‑term residents 65 and older
Summary
Sponsor described S.315 as a four‑year phase‑out of the homestead education property tax for Vermonters aged 65+ with a consecutive 10‑year domicile; counsel said the exemption would apply only to the education portion and urged analysis of constitutional and fiscal impacts.
Senate Finance members on the committee reviewed S.315, a bill that would exempt long‑term residents aged 65 or older from the homestead education property tax, phased in over several years.
Senator Maddox said the proposal aims to ease burdens on older Vermonters who have paid property taxes for decades and proposed pairing the exemption with offsets such as projected savings from Act 73 and potential new revenue sources. "I always get a bunch of grumblings in town from the population 65 about, I've been paying school tax for this long," the sponsor said, framing…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
