An act relating to a three-year education property tax freeze

H.774 would freeze Vermont's education property tax rates at 2026 levels for the next three years (2027-2029), directly affecting all homeowners and property owners who pay these taxes. The bill requires tax rates to remain at 2026 levels regardless of local budget needs during this period. To ensure education funding stays fully supported, the bill mandates that any shortfall from the frozen rates be covered by redirecting money from the state's General Fund. This policy change provides immediate tax stability for property owners while guaranteeing continued education spending.