| 1 | 1 | | BILL AS INTRODUCED H.164 |
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| 2 | 2 | | 2025 Page 1 of 2 |
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| 4 | 4 | | |
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| 5 | 5 | | VT LEG #380246 v.1 |
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| 6 | 6 | | H.164 1 |
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| 7 | 7 | | SHORT FORM 2 |
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| 8 | 8 | | Introduced by Representatives Waszazak of Barre City, Priestley of Bradford, 3 |
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| 9 | 9 | | Arsenault of Williston, Austin of Colchester, Bishop of 4 |
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| 10 | 10 | | Colchester, Bluemle of Burlington, Bosch of Clarendon, Boutin 5 |
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| 11 | 11 | | of Barre City, Brady of Williston, Burditt of West Rutland, 6 |
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| 12 | 12 | | Burke of Brattleboro, Burkhardt of South Burlington, Carris-7 |
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| 13 | 13 | | Duncan of Whitingham, Casey of Montpelier, Christie of 8 |
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| 14 | 14 | | Hartford, Cina of Burlington, Cole of Hartford, Critchlow of 9 |
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| 15 | 15 | | Colchester, Dickinson of St. Albans Town, Dodge of Essex, 10 |
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| 16 | 16 | | Donahue of Northfield, Duke of Burlington, Galfetti of Barre 11 |
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| 17 | 17 | | Town, Goodnow of Brattleboro, Goslant of Northfield, Harrison 12 |
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| 18 | 18 | | of Chittenden, Headrick of Burlington, Hooper of Burlington, 13 |
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| 19 | 19 | | Howard of Rutland City, Howland of Rutland Town, Hunter of 14 |
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| 20 | 20 | | Manchester, James of Manchester, Keyser of Rutland City, 15 |
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| 21 | 21 | | Kimbell of Woodstock, Kleppner of Burlington, Krasnow of 16 |
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| 22 | 22 | | South Burlington, Lalley of Shelburne, Lipsky of Stowe, Logan 17 |
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| 23 | 23 | | of Burlington, Luneau of St. Albans City, Maguire of Rutland 18 |
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| 24 | 24 | | City, McCann of Montpelier, McGill of Bridport, Minier of 19 |
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| 25 | 25 | | South Burlington, Morgan, M. of Milton, Morrow of Weston, 20 |
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| 26 | 26 | | Nielsen of Brandon, Nugent of South Burlington, Ode of 21 BILL AS INTRODUCED H.164 |
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| 27 | 27 | | 2025 Page 2 of 2 |
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| 28 | 28 | | |
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| 29 | 29 | | |
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| 30 | 30 | | VT LEG #380246 v.1 |
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| 31 | 31 | | Burlington, Parsons of Newbury, Pezzo of Colchester, 1 |
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| 32 | 32 | | Rachelson of Burlington, Sibilia of Dover, Stevens of 2 |
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| 33 | 33 | | Waterbury, Sweeney of Shelburne, Tomlinson of Winooski, 3 |
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| 34 | 34 | | Toof of St. Albans Town, Torre of Moretown, and Wood of 4 |
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| 35 | 35 | | Waterbury 5 |
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| 36 | 36 | | Referred to Committee on 6 |
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| 37 | 37 | | Date: 7 |
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| 38 | 38 | | Subject: Taxation; municipal government; local option tax; payment in lieu of 8 |
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| 39 | 39 | | taxes; PILOT Special Fund 9 |
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| 40 | 40 | | Statement of purpose of bill as introduced: This bill proposes to change the 10 |
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| 41 | 41 | | percentage of local option tax revenue distributed to a municipality from 70 11 |
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| 42 | 42 | | percent to 80 percent and to appropriate any surplus in the PILOT Special 12 |
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| 43 | 43 | | Fund proportionally to the municipalities that generated revenue for the 13 |
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| 44 | 44 | | surplus. The bill proposes to direct JFO to draft a report on moving to a 14 |
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| 45 | 45 | | system whereby the State retains only what it needs to administer the PILOT 15 |
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| 46 | 46 | | Special Fund without generating a future surplus. 16 |
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| 47 | 47 | | An act relating to the distribution of local option tax revenue and the PILOT 17 |
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| 48 | 48 | | Special Fund 18 |
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| 49 | 49 | | It is hereby enacted by the General Assembly of the State of Vermont: 19 |
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| 50 | 50 | | (TEXT OMITTED IN SHORT-FORM BILLS) 20 |
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