VT H0757

Exempts all mobile homes (as defined in 10 V.S.A. § 6201) from sales tax and subjects them instead to the 1.25% property transfer tax, aligning their tax treatment with traditional real estate transfers.

Prohibits subleasing of units in limited equity cooperatives incorporated after June 30, 2026, unless the member demonstrates hardship and receives board approval; sublease rents cannot exceed HUD fair market rent limits.

Requires limited equity cooperatives to be treated as nonprofit corporations for state registration purposes and as serving low- and moderate-income individuals for state funding and grant eligibility.

Exempts limited equity cooperative housing corporations from stormwater discharge permits for impervious surfaces of three or more acres, and exempts real property owned by mobile home limited equity cooperatives from property taxes.

Requires municipal zoning to allow manufactured housing in any district permitting year-round residential development on the same terms as conventional housing.