Vermont H0766 proposes a local option tax on gasoline and diesel fuel sales to generate municipal revenue.
Vermont H0766 amends state law to allow municipalities to impose a local option tax on gasoline and diesel fuel sales. This tax, set at $0.01 per gallon, is intended to provide an alternative revenue source for municipalities. The tax is subject to approval by the municipality's voters and must be collected by the Department of Motor Vehicles. Revenues from the tax can only be used for municipal services, with any surplus deposited into the PILOT Special Fund.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.