An act relating to setting the homestead property tax yields and the nonhomestead property tax rate

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Plain-English Summary

This bill sets specific property tax rates for fiscal year 2026 in Vermont. It establishes the property dollar equivalent yield at $8,596.00 and the income dollar equivalent yield at $12,172.00. Additionally, it sets the nonhomestead property tax rate at $1.703 per $100.00 of equalized education property value.

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