Exempts sales of building materials and supplies from sales and use tax for priority housing projects in Vermont.

This bill amends Vermont law to exempt sales of building materials and supplies from sales and use tax for priority housing projects. The exemption applies to building materials and supplies used in the construction, reconstruction, alteration, remodeling, or repair of priority housing projects. The bill specifies that the exemption is available to governmental bodies, organizations, and local development corporations that own or hold buildings or structures used exclusively for public purposes or the purposes upon which their exempt status is based.

Exempts sales of building materials and supplies from sales and use tax for priority housing projects in Vermont.

This bill amends Vermont law to exempt sales of building materials and supplies from sales and use tax for priority housing projects. The exemption applies to building materials and supplies used in the construction, reconstruction, alteration, remodeling, or repair of priority housing projects. The bill specifies that the exemption is available to governmental bodies, organizations, and local development corporations that own or hold buildings or structures used exclusively for public purposes or the purposes upon which their exempt status is based.