This bill approves a charter amendment for the Town of Bennington to allow a 1% local tax on non-owner-occupied short-term rental properties (like Airbnb units). It directly affects property owners and businesses renting out vacation homes in Bennington who are not living there full-time. The key provision adds this tax option to the town's charter, enabling voters to approve it through future votes. The tax was previously approved by Bennington voters on March 4, 2025, and this bill formalizes that approval at the state level. The change takes effect immediately upon the bill's passage.
S.269 would amend Vermont's tax code to exclude Supplemental Security Income (SSI) payments from the definition of "household income" when calculating two specific tax credits: the homestead property tax credit and the renter credit. This change directly affects Vermont residents who receive SSI and apply for these credits, as their SSI payments would no longer count toward their household income for eligibility purposes. The bill modifies the statutory definition of "household income" to explicitly exclude SSI payments, ensuring they are not considered when determining credit amounts. This adjustment would likely increase the tax credit amount for SSI recipients by reducing the income figure used in the calculation.
This bill (H 772) updates Vermont's residential rental laws to protect tenants and clarify landlord obligations. It bans application fees for residential rentals, limits security deposits to two months' rent, and requires specific notice periods for evictions (14 days for nonpayment, 21 days for other breaches). The bill also creates a pilot program through the State Treasurer's office to allow tenants to report on-time rent payments to credit bureaus, helping build credit history. These changes directly affect all landlords and tenants in Vermont rental agreements, with additional technical assistance available via the Champlain Valley Office of Economic Opportunity.
H.835 requires Vermont school districts to immediately enroll homeless students and provide transportation assistance to their school of origin if parents or guardians relocate to a different district. Each district must also designate a homeless education liaison to help with enrollment, transportation, and support services. The bill creates the Educational Stability Grant Program, providing state funding to schools for academic and social-emotional services aimed at improving attendance, graduation rates, and reducing disciplinary incidents for highly mobile students. These changes directly affect homeless students, school districts, and public education providers.
This bill increases Vermont's minimum wage to $18.60 per hour starting July 1, 2026, based on the state's defined "livable wage" (the hourly rate needed for a full-time worker in shared housing with employer health coverage to cover basic needs). Future annual increases will be set at the smaller of 5% or the Consumer Price Index (CPI-U) change from the previous year, rounded to the nearest cent. It directly affects all employers in Vermont who pay the minimum wage, including businesses with low-wage workers across sectors like retail, hospitality, and agriculture. The change replaces the current $12.55 minimum wage and aligns future adjustments with inflation data.
H.534 renames Vermont's "community service agencies" to "community action agencies" and updates their governance and planning requirements. The bill requires these agencies to create community service plans every three years and ensures at least one-third of their boards consist of low-income residents they serve. It clarifies that these agencies must provide services addressing poverty, including job training, housing assistance, and access to health care. The Office of Economic Opportunity will continue managing funding for these agencies under the revised statutory framework.
H 844 (Vermont) modifies sales tax rules for fuel used in residential properties. It removes the sales tax exemption for fuel purchases when a property was used as a short-term rental or occupied by the owner for fewer than 183 days in the past year. Instead, owners of such properties must pay a new 3% surcharge on residential fuel sales. Revenue from this surcharge will fund the Home Weatherization Assistance Fund, which helps low-income households improve energy efficiency. The bill takes effect August 1, 2026.
S.267 modifies Vermont's land use laws to streamline housing development. It repeals a rule requiring permits for road construction under certain conditions (e.g., roads over 800 feet long), while extending exemptions for housing projects until 2030. Specifically, it exempts accessory dwelling units (like in-law apartments) in single-family homes and small housing projects (75 units or fewer) in designated downtown, neighborhood, or growth areas with adequate infrastructure - until July 1, 2030. These changes primarily affect developers, homeowners, and municipalities by reducing permitting barriers for housing in targeted zones. The bill does not alter zoning requirements but simplifies processes for projects meeting specific criteria.
This bill requires large real estate companies (defined as entities owning 10+ single- or two-family homes with $30 million+ in assets) to wait 90 days after a home is listed for public sale before purchasing it. It also eliminates tax deductions for depreciation and interest on these properties for institutional investors. The law applies to commercial real estate firms but excludes nonprofits, community land trusts, and government-funded housing. These changes aim to slow rapid buying by large investors in residential markets.
S.294 creates Vermont's Whole Home Repairs Program within the Department of Housing and Community Development to provide funding for homeowners and private landlords. The program offers competitive grants and forgivable loans (capped at $50,000 per unit) to address habitability issues (like mold or lead), improve energy/water efficiency, or make homes accessible for people with disabilities. Landlords must contribute 20% in matching funds, cannot displace current tenants during repairs, and are prohibited from using renovated units as short-term rentals during the grant period. All grant details, including recipient names and amounts, will be publicly reported quarterly on the department’s website. This directly affects Vermont residents needing home repairs, particularly low-income households and landlords maintaining rental properties.