summary
Introduced
01/23/2026
01/23/2026
In Committee
01/23/2026
01/23/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Session
Bill Summary
This bill proposes to cap education property tax rates at fiscal year 2026 levels for fiscal years 2027 through 2029.
AI Summary
This bill proposes a three-year freeze on education property tax rates, meaning that for fiscal years 2027, 2028, and 2029, property taxpayers in Vermont will be billed at the same education property tax rate that was in effect for fiscal year 2026, regardless of any changes to the rate that might otherwise occur. The bill also states the intent of the legislature to use money from the General Fund, which is the state's main operating budget, to cover any shortfall in the Education Fund that results from this tax rate freeze, ensuring that statewide education spending remains fully funded. The legislation will take effect on July 1, 2026.
Committee Categories
Budget and Finance
Sponsors (21)
Gina Galfetti (R)*,
David Bosch (R),
Michael Boutin (R),
Tom Burditt (R),
Gregory Burtt (R),
James Casey (R),
Voranus Coffin (R),
Joshua Dobrovich (R),
James Gregoire (R),
Lisa Hango (R),
Larry Labor (R),
Joseph Luneau (R),
Eric Maguire (R),
Topper McFaun (R),
Anthony Micklus (R),
Leland Morgan (R),
Mike Morgan (R),
Mary Morrissey (R),
Robert North (R),
Christopher Pritchard (R),
Michael Tagliavia (R),
Last Action
House Committee on Ways and Means Hearing (09:00:00 2/27/2026 Room 45) (on 02/27/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.vermont.gov/bill/status/2026/H.774 |
| BillText | https://legislature.vermont.gov/Documents/2026/Docs/BILLS/H-0774/H-0774%20As%20Introduced.pdf |
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