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H 829 - Establishes a New Tax Bracket and Increases Tax rates by 3% on Marginal Income over $500,000 - Vermont Key Vote

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Title: Establishes a New Tax Bracket and Increases Tax rates by 3% on Marginal Income over $500,000

Vote Smart's Synopsis:

Vote to pass a bill that establishes a new tax bracket and increases Ttx rates by 3% on marginal income over $500,000 to fund long-term housing investments in Vermont.

Highlights:

  • Establishes permanent upstream eviction protections and other rental housing policies to preserve housing stability for both tenants and property owners (Sec. 1). 

  • Establishes a statewide rental registry (Sec. 1). 

  • Appropriates more resources for eviction diversion (Sec. 1). 

  • Authorizes new protections and modernizes policies on just cause evictions, rent increases, and security deposits (Sec. 1). 

  • Establishes programs for property owners to access funding to remediate damages created during recent tenancies (Sec. 1).

Full Bill Text

Title: Establishes a New Tax Bracket and Increases Tax rates by 3% on Marginal Income over $500,000

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