BILL AS INTRODUCED H.178
2025 Page 1 of 2
VT LEG #380206 v.1
H.178 1
Introduced by Representatives Boutin of Barre City, Micklus of Milton, 2
Morgan, L. of Milton, Morgan, M. of Milton, Steady of Milton, 3
Taylor of Milton, and Waszazak of Barre City 4
Referred to Committee on 5
Date: 6
Subject: Taxation; education property tax; overpayment; tax increment 7
financing district; City of Barre; Town of Milton 8
Statement of purpose of bill as introduced: This bill proposes to refund 9
education property tax overpayments made by the City of Barre and by the 10
Town of Milton due to miscalculations of the amount of tax increment to be 11
retained by each municipality from its tax increment financing district fund. 12
An act relating to refunding property tax overpayments to the City of Barre 13
and to the Town of Milton 14
It is hereby enacted by the General Assembly of the State of Vermont: 15
Sec. 1. EDUCATION FUND REFUND; CITY OF BARRE TIF DISTRICT ; 16
TAX INCREMENT; FY 2016–FY 2020 17
Notwithstanding any other provision of law, the sum of $437,028.00 shall 18
be transferred from the Education Fund to the City of Barre not later than fiscal 19
year 2026 to compensate the City for overpayments of education property 20 BILL AS INTRODUCED H.178
2025 Page 2 of 2
VT LEG #380206 v.1
taxes in fiscal years 2016 through 2020 due to insufficient retention of tax 1
increment from the City’s Tax Increment Financing District fund. 2
Sec. 2. EDUCATION FUND REFUND; MILTON TOWN CORE TIF 3
DISTRICT; TAX INCREMENT; FY 2017–FY 2023 4
Notwithstanding any other provision of law, the sum of $184,451.00 shall 5
be transferred from the Education Fund to the Town of Milton not later than 6
fiscal year 2026 to compensate the Town for overpayments of education 7
property taxes in fiscal years 2017 through 2023 due to insufficient retention of 8
tax increment from the Town Core’s Tax Increment Financing District fund. 9
Sec. 3. EFFECTIVE DATE 10
This act shall take effect on passage. 11