A House committee will hold a
hearing next week on a bill that calls for new protections for the shorelines
of lakes and ponds, including
buffer zones for new development to prevent polluting run-off. But some
property owners are concerned that the bill would infringe on their property
The Vermont House recommends a cut in the statewide property tax rate next year; in the Senate, a wide-ranging bill that would crack down on sex crimes won final approval earlier today; IBM’s Vermont factory is hurting; Vermont could become the first state with a "smart" electric grid.
Governor Jim Douglas is before a congressional committee at this hour to make a pitch for financial help for the states; before he left for Washington, Gov. Douglas weighed in on the future of the Vermont Yankee power plant;
Many Vermont towns are seeing
an increase in delinquent property taxes, although the same is not true in New
Hampshire. VPR’s Jane Lindholm talks with Valley News
Reporter John Gregg about what this might say about the two states’ economies
and public policies.
The House Ways
and Means Committee is backing a bill that would dramatically change how Vermonters
pay for education.
The residential property tax for education would be
eliminated and replaced with a new income tax surcharge.
As VPR’s Bob Kinzel reports, the legislation faces
some major hurdles.
House Speaker Gaye Symington says Vermonters need property tax relief. And she
wants to pay for it with $21 million dollars raised by eliminating a capital
gains tax exemption.
Governor Jim Douglas rejects the idea. He says the Speaker is trying to launch
new spending programs.
sudden closing of a central Vermont property management company has triggered an
investigation by local police and the FBI. It’s
also created concern on the part of area tenants and landlords who did business
with the company.
Property taxpayers should not expect a reduction in statewide school taxes this
the message from Montpelier. The state has lowered its forecast for how much
money will be collected in taxes. So that means little money for property tax
the Douglas Administration and legislative leaders are in a political spat over
what to do about it.