Vermont H0643 proposes to allocate a portion of purchase and use tax revenue to the Transportation Fund over six years.

Vermont H0643 proposes to amend the allocation of purchase and use tax revenue, directing a portion of it to the Transportation Fund. The bill phases in this allocation over six years, starting with $10,000,000.00 annually in 2026 and increasing by $10,000,000.00 each year until it reaches $40,000,000.00 annually by 2031. This change aims to support transportation infrastructure and related projects within the state.

Vermont H0643 proposes to allocate a portion of purchase and use tax revenue to the Transportation Fund over six years.

Vermont H0643 proposes to amend the allocation of purchase and use tax revenue, directing a portion of it to the Transportation Fund. The bill phases in this allocation over six years, starting with $10,000,000.00 annually in 2026 and increasing by $10,000,000.00 each year until it reaches $40,000,000.00 annually by 2031. This change aims to support transportation infrastructure and related projects within the state.