Vermont S0286 proposes a two percent surcharge on meals, rooms, and alcoholic beverages to fund the School Construction Aid Special Fund.
Vermont S0286 introduces a two percent surcharge on the rent of each occupancy, the sale of each taxable meal, and the sale of alcoholic beverages. This surcharge aims to generate revenue for the School Construction Aid Special Fund. The surcharge is to be itemized on invoices or bills with a statement indicating its purpose. The revenue collected will be deposited into the School Construction Aid Special Fund, which also includes funds transferred or appropriated by the General Assembly and any interest earned by the fund.
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