Vermont Legislative Update 2023: Week 11
Yesterday, the University of New Hampshire released a poll covering the areas of most concern to Vermonters. Coming in at number 1, “housing” (32%), which should come as no surprise, and numbers 2 & 3 were “cost of living” (9%) and “taxes” (9%). The news comes in a week in which there is contention around how best to create more housing while legislators discuss what could conservatively be estimated as more than $400 million in new taxes.
This year is shaping up to be an expensive one. The Chair of the Senate Committee on Appropriations shared with colleagues today that the draft budget is $400 million above the Governor’s recommended budget. The House is likely not far behind the Senate, with over $340 million above the Governor’s recommended budget. The education fund will also likely need a 3.6% increase in property taxes, and depending on how legislators choose to use surplus funds, it could be higher at 8.3%.
Here’s a look at some of the high-price items that are making their way through the legislature
In this week’s update:
This update is courtesy of the Lake Champlain Chamber for distribution by Downs Rachlin Martin
- Childcare proposal receives its funding provisions; payroll tax
- House, Senate, and Governor all have different, competing visions for paid leave
- We had a fantastic tourism day at the Vermont State House
- HOME Act back and forth continues; we need your help with proposed amendment!
- Workforce Development Bill nears final approval
- The Laundry List