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VT S0238

VT S0238
An act relating to revenue for education and housing development


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

This bill proposes to create the Housing Investments Special Fund to help create, preserve, and improve housing stock in Vermont. The bill proposes to use a new rooms tax surcharge and the existing short-term rental surcharge to support the Fund. The bill further proposes to create a sugar-sweetened beverage tax to generate revenue for the Education Fund.

AI Summary

This bill establishes the Housing Investments Special Fund to support the creation, preservation, and improvement of housing in Vermont, funded by a new two percent surcharge on room rentals and the existing short-term rental surcharge, and also creates a sugar-sweetened beverage tax, which will generate revenue for the Education Fund, with the tax being $0.01 per ounce on beverages, syrups, and powders containing added caloric sweeteners, with specific exemptions for items like milk-based drinks, coffee, tea, infant formula, and 100% natural fruit or vegetable juices.

Committee Categories

Housing and Urban Affairs

Sponsors (3)

Last Action

Senate Committee on Economic Development, Housing and General Affairs Hearing (00:00:00 2/6/2026 ) (on 02/06/2026)

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