Adam Greshin

Recent Posts

House gives preliminary approval to property tax bill

MONTPELIER — The proposed property tax bill would see an increase in residential rates and a decrease in the commercial and nonresidential rate. On Tuesday, House lawmakers gave preliminary approval to a bill that would raise the average property tax rate by 0.2 cents, and would lower the commercial and nonresidential rate by 0.5 cents. While the commercial and nonresidential rate is the same for everyone, regardless of where they are located, the residential tax rate will vary from municipality to municipality. For the second year, property taxes — which fund the vast majority of the state’s Education Fund — are based on a formula that results in what’s referred to as a “yield amount.”

The yield amount is the amount of money that would result from a tax rate of $1 for every $100 of assessed value. On Tuesday, lawmakers approved a yield amount of $9,701. Continue Reading →

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Ways and Means approves $14.1 million of new revenue in tax bill

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MONTPELIER — The House tax writing committee has advanced a revenue bill that raises $14.1 in new money for the general fund and other special funds, but some lawmakers say it is just a fraction of the $48 million in new revenue the committee is expected to raise in total. The House Ways and Means Committee voted Wednesday night 7 to 4 to approve a miscellaneous tax bill — before the House Appropriations Committee has completed work on its budget. That has some members of Ways and Means complaining that budget writers have little incentive to make cuts to state spending. Rep. Janet Ancel, D-Calais, the committee’s chairwoman, said she took the unusual step of voting on a revenue package before the budget is finalized because some members of the committee will be out for an extended period. “I have two members of the committee who aren’t going to be here,” she said. Continue Reading →

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Beverage tax advances to support health care spending

MONTPELIER — The House Ways and Means Committee on Thursday advanced a sweetened beverage tax and a hike in the state’s cigarette tax to cover the cost of proposed health care initiatives after weeks of wrangling. Thursday’s vote came after a number of potential revenue sources were laboriously explored. Committee Chairwoman Janet Ancel, D-Calais, and Democratic House leaders considered myriad options before piecing together a plan that raises about $18 million and could also garner enough votes. In the end, the committee found just enough votes to pass the bill out on a 6 to 5 vote. “I would like to have a stronger vote coming out of the committee than we’re going to have, but I really appreciate the work that people have done to get to where we are,” Ancel said before the vote. Continue Reading →

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Baruth withdraws proposed assault weapons ban, but gun-control debate lives on

Reported first by Green Mountain Daily’s Ed Garcia and confirmed first by Paul Heintz at Seven Days, Sen. Philip Baruth says he’ll withdraw a proposed ban on assault weapons. Baruth’s proposal fueled a groundswell of opposition that erupted Saturday in Montpelier, when about 250 Vermonters rallied on the steps of the Statehouse in support of the Second Amendment. In a statement provided to Heintz, Baruth said “it is painfully clear to me now that little support exists in the Vermont Statehouse for this sort of bill.” “It’s equally clear that focusing the debate on the banning of a certain class of weapons may already be overshadowing measures with greater consensus, like tightening background checks, stopping the exchange of guns for drugs, and closing gun show loopholes,” Baruth said. Elected last month to serve as majority leader of the 23-member Senate Democratic caucus, Baruth also said “I owe it to my caucus to remove an issue that seems increasingly likely to complicate our shared agenda this biennium.” Continue Reading →

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