Vermont S0238 proposes a sugar-sweetened beverage tax and a rooms tax surcharge to fund education and housing development.

Vermont S0238 introduces a tax on sugar-sweetened beverages and a surcharge on short-term rentals to generate revenue for education and housing development. The bill imposes an excise tax of $0.01 per ounce on distributors of sugar-sweetened beverages, syrup, and powder. It also adds a two percent surcharge on the rent of each occupancy subject to tax. Revenue from these taxes will support the Education Fund and the Housing Investments Special Fund. The latter fund aims to create, preserve, and improve housing stock, including affordable and service-supported housing.

Vermont S0238 proposes a sugar-sweetened beverage tax and a rooms tax surcharge to fund education and housing development.

Vermont S0238 introduces a tax on sugar-sweetened beverages and a surcharge on short-term rentals to generate revenue for education and housing development. The bill imposes an excise tax of $0.01 per ounce on distributors of sugar-sweetened beverages, syrup, and powder. It also adds a two percent surcharge on the rent of each occupancy subject to tax. Revenue from these taxes will support the Education Fund and the Housing Investments Special Fund. The latter fund aims to create, preserve, and improve housing stock, including affordable and service-supported housing.