BILL AS INTRODUCED H.164 2025 Page 1 of 2 VT LEG #380246 v.1 H.164 1 SHORT FORM 2 Introduced by Representatives Waszazak of Barre City, Priestley of Bradford, 3 Arsenault of Williston, Austin of Colchester, Bishop of 4 Colchester, Bluemle of Burlington, Bosch of Clarendon, Boutin 5 of Barre City, Brady of Williston, Burditt of West Rutland, 6 Burke of Brattleboro, Burkhardt of South Burlington, Carris-7 Duncan of Whitingham, Casey of Montpelier, Christie of 8 Hartford, Cina of Burlington, Cole of Hartford, Critchlow of 9 Colchester, Dickinson of St. Albans Town, Dodge of Essex, 10 Donahue of Northfield, Duke of Burlington, Galfetti of Barre 11 Town, Goodnow of Brattleboro, Goslant of Northfield, Harrison 12 of Chittenden, Headrick of Burlington, Hooper of Burlington, 13 Howard of Rutland City, Howland of Rutland Town, Hunter of 14 Manchester, James of Manchester, Keyser of Rutland City, 15 Kimbell of Woodstock, Kleppner of Burlington, Krasnow of 16 South Burlington, Lalley of Shelburne, Lipsky of Stowe, Logan 17 of Burlington, Luneau of St. Albans City, Maguire of Rutland 18 City, McCann of Montpelier, McGill of Bridport, Minier of 19 South Burlington, Morgan, M. of Milton, Morrow of Weston, 20 Nielsen of Brandon, Nugent of South Burlington, Ode of 21 BILL AS INTRODUCED H.164 2025 Page 2 of 2 VT LEG #380246 v.1 Burlington, Parsons of Newbury, Pezzo of Colchester, 1 Rachelson of Burlington, Sibilia of Dover, Stevens of 2 Waterbury, Sweeney of Shelburne, Tomlinson of Winooski, 3 Toof of St. Albans Town, Torre of Moretown, and Wood of 4 Waterbury 5 Referred to Committee on 6 Date: 7 Subject: Taxation; municipal government; local option tax; payment in lieu of 8 taxes; PILOT Special Fund 9 Statement of purpose of bill as introduced: This bill proposes to change the 10 percentage of local option tax revenue distributed to a municipality from 70 11 percent to 80 percent and to appropriate any surplus in the PILOT Special 12 Fund proportionally to the municipalities that generated revenue for the 13 surplus. The bill proposes to direct JFO to draft a report on moving to a 14 system whereby the State retains only what it needs to administer the PILOT 15 Special Fund without generating a future surplus. 16 An act relating to the distribution of local option tax revenue and the PILOT 17 Special Fund 18 It is hereby enacted by the General Assembly of the State of Vermont: 19 (TEXT OMITTED IN SHORT-FORM BILLS) 20