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Bill > S0269


VT S0269

VT S0269
An act relating to excluding Supplemental Security Income payments from household income


summary

Introduced
01/16/2026
In Committee
01/16/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

This bill proposes to exclude Supplemental Security Income payments from the definition of “household income” for purposes of calculating the homestead property tax credit and renter credit.

AI Summary

This bill proposes to amend Vermont law to exclude Supplemental Security Income (SSI) payments from the calculation of "household income" when determining eligibility for property tax credits, specifically the homestead property tax credit and the renter credit. SSI is a federal program providing monthly payments to adults and children with a disability or blindness who have limited income and resources, and it is distinct from Social Security benefits. By excluding SSI from household income, this legislation aims to ensure that individuals receiving this specific form of disability assistance are not penalized when applying for these property tax relief programs. The bill also specifies that this change will take effect retroactively from January 1, 2026, meaning it will apply to tax years beginning on or after that date.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Senate Committee on Finance Hearing (00:00:00 1/27/2026 ) (on 01/27/2026)

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