VT S0274

Narrows the existing sales and use tax exemption for residential fuel (electricity, oil, gas, and other fuels) by excluding second homes, short-term rental properties, and other nonhomestead residential properties from the exemption

Redefines "residence" for tax exemption purposes to mean only properties not classified as "nonhomestead residential" under Vermont's property classification system (32 V.S.A. § 4152a)

Requires the Commissioner to publish annually on July 1 a list of addresses for all properties classified as "nonhomestead residential"

Provides seller protection (hold harmless provision) from sales tax liability when sellers rely on the Commissioner's published list and fail to collect tax due to errors or omissions on that list

Takes effect July 1, 2029