Vermont 2025-2026 Regular Session

Vermont House Bill H0487 Latest Draft

Bill / Introduced Version Filed 03/18/2025

                            BILL AS INTRODUCED 	H.487 
2025 	Page 1 of 1 
 
 
VT LEG #381175 v.1 
H.487 1 
SHORT FORM 2 
Introduced by Representatives Walker of Swanton and Oliver of Sheldon 3 
Referred to Committee on  4 
Date:  5 
Subject: Taxation; municipal taxes; local option tax; revenue share  6 
Statement of purpose of bill as introduced:  This bill proposes to establish a 7 
mechanism for an incorporated village and associated town to share revenue 8 
from a single local option tax adopted by the town. 9 
An act relating to local option tax revenue sharing between a town and 10 
village 11 
It is hereby enacted by the General Assembly of the State of Vermont:  12 
(TEXT OMITTED IN SHORT-FORM BILLS) 13