BILL AS INTRODUCED H.486 2025 Page 1 of 1 VT LEG #381174 v.1 H.486 1 SHORT FORM 2 Introduced by Representative Durfee of Shaftsbury 3 Referred to Committee on 4 Date: 5 Subject: Taxation; education property tax; homestead declaration; property tax 6 credit 7 Statement of purpose of bill as introduced: This bill proposes to extend the 8 due date, and provide relief for, a late filed homestead declaration. The bill 9 also increases the household income threshold used to qualify for a property 10 tax credit and increase the amount of housesite value that is factored into the 11 computation of the credit amount. 12 An act relating to homestead declarations and the property tax credit 13 It is hereby enacted by the General Assembly of the State of Vermont: 14 (TEXT OMITTED IN SHORT-FORM BILLS) 15