Excludes public safety pension and survivor benefit income from Vermont income taxation.

This bill proposes to exclude income from public safety pensions and survivor benefits from Vermont income taxation. The exemption aims to lessen the tax burden on Vermonters who derive part of their income from benefits for public safety professionals. The changes will apply retroactively to taxable years beginning on and after January 1, 2026.

Excludes public safety pension and survivor benefit income from Vermont income taxation.

This bill proposes to exclude income from public safety pensions and survivor benefits from Vermont income taxation. The exemption aims to lessen the tax burden on Vermonters who derive part of their income from benefits for public safety professionals. The changes will apply retroactively to taxable years beginning on and after January 1, 2026.