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House passes H.949, shifting homestead yields and education finance tweaks; progressive wealth tax idea sent to committee
HOUSE OF REPRESENTATIVES · March 27, 2026
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Summary
The House passed H.949 on third reading after sponsors withdrew a progressive 'wealth proceeds' amendment and secured a commitment that the idea will be considered in Ways and Means. The bill addresses homestead property tax yields, non-homestead rates and technical changes to education finance.
On third reading the Vermont House passed H.949, an act addressing homestead property tax yields, the non-homestead property tax rate, and technical changes to education finance.
Representative Logan (Burlington) described a progressive…
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