Budget & Taxes (Procurement)

This bill exempts certain forestry vehicles from Vermont's vehicle use tax. It provides full tax exemption for specific equipment used in timber cutting, removal, and processing (like skidders, feller bunchers, and log loaders), and a 50% tax exemption for heavier vehicles used in transportation (such as semi-trailers and trucks over 10,000 pounds). Businesses purchasing these vehicles must certify their use at purchase, and the Department of Motor Vehicles must provide application guidance. The exemptions begin July 1, 2025, and expire July 1, 2028.