Key Votes
H 436 - Tax Law Amendments - Key Vote
Vermont Key Votes
Stages
- May 6, 2011 House Conference Report Adopted
- May 6, 2011 Executive Signed
- May 5, 2011 Senate Conference Report Adopted
- April 26, 2011 House Nonconcurrence Vote Passed
- April 22, 2011 Senate Bill Passed
- March 22, 2011 Introduced
- March 22, 2011 House Bill Passed
Family
Issues
Stage Details
Legislation - Conference Report Adopted (House) (94-48) - May 6, 2011 (Key vote)
Title: Tax Law Amendments
Vote to adopt a conference report that increases the cigarette tax and makes various amendments to the tax code.
-Increases the tax rate per package of cigarettes from $0.25 to $0.38 (Sec. 27).
-Authorizes the Commissioner of Taxes to transfer the amount of a tax liability from the prize winnings if a lottery winner has an outstanding tax liability payable to the Department of Taxes (Sec. 1).
-Reduces the educational property tax for the 2012 fiscal year as follows (Sec. 4):
-From $1.59 to $1.36 per $100 for nonresidential property; and
-From $1.10 to $0.87 per $100 for homestead property (Sec. 4).
-Exempts buildings and land owned and occupied by nonprofit, tax-exempt health, recreation, and fitness organizations from 50 percent of the educational property tax (Sec. 13).
-Requires health insurers to pay an assessment of 0.80 of 1 percent of all health insurance claims paid by the health insurer for its Vermont members for the previous fiscal year into the state health care resources fund each year, beginning October 1, 2011 (Sec. 28).
Legislation - Signed (Executive) - May 6, 2011
Title: Tax Law Amendments
Legislation - Conference Report Adopted (Senate) (17-10) - May 5, 2011 (Key vote)
Title: Tax Law Amendments
Vote to adopt a conference report that increases the cigarette tax and makes various amendments to the tax code.
-Increases the tax rate per package of cigarettes from $0.25 to $0.38 (Sec. 27).
-Authorizes the Commissioner of Taxes to transfer the amount of a tax liability from the prize winnings if a lottery winner has an outstanding tax liability payable to the Department of Taxes (Sec. 1).
-Reduces the educational property tax for the 2012 fiscal year as follows (Sec. 4):
-From $1.59 to $1.36 per $100 for nonresidential property; and
-From $1.10 to $0.87 per $100 for homestead property (Sec. 4).
-Exempts buildings and land owned and occupied by nonprofit, tax-exempt health, recreation, and fitness organizations from 50 percent of the educational property tax (Sec. 13).
-Requires health insurers to pay an assessment of 0.80 of 1 percent of all health insurance claims paid by the health insurer for its Vermont members for the previous fiscal year into the state health care resources fund each year, beginning October 1, 2011 (Sec. 28).
Legislation - Nonconcurrence Vote Passed (House) - April 26, 2011
Legislation - Bill Passed (Senate) (20-8) - April 22, 2011
Legislation - Introduced (House) - March 22, 2011
Title: Tax Law Amendments
Legislation - Bill Passed (House) (90-47) - March 22, 2011
Committee Sponsors
- Ways and Means (Sponsor)
