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VT H0217

VT H0217
An act relating to an occupancy fee


summary

Introduced
02/09/2017
In Committee
02/09/2017
Crossed Over
Passed
Dead
05/12/2018

Introduced Session

2017-2018 Session

Bill Summary

An act relating to an occupancy fee

AI Summary

This bill amends the existing law to impose a $2.00 occupancy charge in addition to the 9% rent tax. The revenue from this occupancy charge will be deposited into the newly established Workforce and Supportive Housing Fund, which will be managed by the Vermont Housing and Conservation Board. The fund will be used to create and preserve affordable housing, fund infrastructure for affordable and workforce housing, provide rental and other housing-related assistance for vulnerable populations, and deliver housing-related supportive services. The bill also specifies how the funds will be allocated in fiscal year 2018, with portions going to various programs and initiatives related to housing and homelessness support.

Committee Categories

Military Affairs and Security

Sponsors (31)

Last Action

House Committee on General, Housing, and Military Affairs Hearing (00:00 2/15/2017 ) (on 02/15/2017)

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