A Victory for Vermonters!

We can't count our chickens yet, but, by working together the Vermont House of Representatives achieved a nearly unanimous approval of a state tax relief bill that includes military pensions. This is a long awaited victory. From here it moves back to the Senate for approval of amendment, and if approved, to the Governor for signature.

PRESS RELEASE from VT HOUSE REPUBLICANS:

"Today, the House of Representatives passed S.51, an important tax relief package that expands the earned income tax credit, child tax credit and income tax exemption for social security recipients. The bill also significantly expands the tax exemption for military retirement and survivor benefits, while creating a refundable tax credit for low-income veterans.”

"Governor Scott proposed this tax relief package in his budget in January, and House Republicans have been by his side as we push for tax relief for already overburdened Vermonters. For too long, the Legislature has spent more time focusing on how to increase revenue, instead of finding ways to allow Vermonters to keep more of what they earned. Without Vermonters making their voices heard in November, this would not have been possible.”

"Governor Scott and House Republicans, for nearly a decade, have pushed for Vermont to join the vast majority of other states in fully exempting military retirement benefits from the state income tax. Although this doesn't go all the way, it takes us a huge step forward and fully exempts this income for the vast majority of recipients in Vermont.”

"We have much more work to do to make Vermont more affordable and reduce the tax burden Vermonters face, but residents can be assured House Republicans and Governor Scott will continue to fight for relief and a more affordable Vermont."

I remain honored to be your Representative,

Rob North

www.NorthForVTHouse.com

Addison, Ferrisburgh, New Haven, Panton, Vergennes, and Waltham

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