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VT H0419

Bill

Status

Introduced

2/27/2025

Primary Sponsor

Michael Boutin

Click for details

Origin

House of Representatives

2025-2026 Session

AI Summary

  • Extends the City of Barre's authority to incur indebtedness for its tax increment financing (TIF) district by two years, from March 31, 2026 to March 31, 2028

  • Maintains the existing extension allowing Barre to retain municipal and education tax increment until June 30, 2039

  • Amends 2023 Acts and Resolves No. 72, Sec. 37, which itself amended prior TIF district legislation from 2020 and 2021

  • Takes effect immediately upon passage

Legislative Description

An act relating to the City of Barre tax increment financing district

Last Action

Read first time and referred to the Committee on Ways and Means

2/27/2025

Committee Referrals

Ways and Means2/27/2025

Full Bill Text

No bill text available