VT S0244

Repeals most provisions of 2025 Acts and Resolves No. 73, including the Commission on the Future of Public Education, School District Redistricting Task Force, class size minimums, cost-factor foundation formula transition, and property tax credit/homestead exemption changes

Retains from Act 73: tuition eligibility changes for approved independent schools under 16 V.S.A. § 828, State Board of Education appointment authority changes, regional assessment districts (effective January 1, 2029), and miscellaneous tax provisions

Increases the tuition eligibility threshold for approved independent schools from 25% to 51% of student enrollment composed of district-funded tuition students during the 2023-2024 school year

Creates four property tax classifications: homestead, nonhomestead nonresidential, nonhomestead residential, and nonhomestead seasonal, with nonhomestead residential properties taxed at $2.00 per $100 (double the homestead base rate of $1.00)

Directs half of education property tax revenue from nonhomestead residential properties to the School Construction Aid Special Fund, with new property tax classifications taking effect January 1, 2028