Vermont S 286: An act relating to the membership of the Vermont State Employees’ Retirement System

Bill Text

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VT LEG #384986 v.2
S.286 1
Introduced by Senators Gulick and Vyhovsky 2
Referred to Committee on 3
Date: 4
Subject: Taxation; meals and rooms tax; school construction surcharge; School 5
Construction Aid Special Fund 6
Statement of purpose of bill as introduced: This bill proposes to impose a 7
meals and rooms tax surcharge of two percent to generate revenue for the 8
School Construction Aid Special Fund. 9
An act relating to a meals and rooms tax surcharge for school construction 10
aid 11
It is hereby enacted by the General Assembly of the State of Vermont: 12
Sec. 1. 32 V.S.A. chapter 225, subchapter 5 is added to read: 13
Subchapter 5. School Construction Surcharge 14
§ 9311. IMPOSITION; SCHOOL CONSTRUCTION SURCHARGE 15
(a)(1) An operator shall collect a surcharge of two percent of the rent of 16
each occupancy subject to tax under subsection 9241(a) of this title. 17
(2) An operator shall collect a surcharge of two percent on the sale of 18
each taxable meal subject to tax under subsection 9241(b) of this title. 19

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VT LEG #384986 v.2
(3) An operator shall collect a surcharge of two percent on the sale of 1
alcoholic beverages subject to tax under subsection 9241(c) of this title. 2
(b) The surcharge shall be in addition to any tax assessed under section 3
9241 of this chapter. The surcharge assessed under this section shall be paid, 4
collected, remitted, and enforced under this chapter in the same manner as the 5
rooms tax assessed under section 9241 of this title. 6
(c) The surcharge shall be itemized on the invoice or bill and include a 7
statement that the surcharge is “for support of Vermont’s School Construction 8
Aid Special Fund.” 9
(d) It is the intent of the General Assembly that the surcharge imposed by 10
this section have the exact same tax base as the meals and rooms tax imposed 11
under section 9241 of this chapter. 12
§ 9312. DEPOSIT OF SURCHARGE REVENUE 13
Revenue from the surcharge imposed under this subchapter shall be 14
deposited in the School Construction Aid Special Fund established under 16 15
V.S.A. § 3444. 16
Sec. 2. 16 V.S.A. § 3444 is amended to read: 17
§ 3444. SCHOOL CONSTRUCTION AID SPECIAL FUND 18
* * * 19
(b) Funds. The Fund shall consist of: 20
(1) any amounts transferred or appropriated to it by the General 21

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VT LEG #384986 v.2
Assembly; and 1
(2) revenue from the school construction surcharge levied pursuant to 32 2
V.S.A. chapter 225, subchapter 5; and 3
(3) any interest earned by the Fund. 4
Sec. 3. EFFECTIVE DATE 5
This act shall take effect on August 1, 2026. 6