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BILL AS INTRODUCED 2007-2008

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S.40

Introduced by Senator Mullin of Rutland District

Referred to Committee on

Date:

Subject:  Municipal government; house pricing

Statement of purpose:  This bill proposes to prohibit a municipality from adopting a requirement in any form, whether by ordinance, rule, or regulation, or as a condition for granting a building permit, that establishes a maximum sales price for a privately produced housing unit or residential building lot.

AN ACT RELATING TO PROHIBITING MUNICIPALITIES FROM REGULATING HOME PRICES

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1.  24 V.S.A. § 2293a is added to read:

§ 2293a.  AUTHORITY TO REGULATE HOME PRICES

Notwithstanding 17 V.S.A. § 2631, no town, city, or incorporated village, by ordinance, resolution, or other enactment or by requirement for a permit necessary to construct housing, shall directly or indirectly regulate the price for any privately developed housing unit on a residential building lot.   



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us