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BILL AS INTRODUCED 2007-2008

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S.206

Introduced by Senator Lyons of Chittenden District

Referred to Committee on

Date:

Subject:  Taxation; sales and use tax; purchase and use tax

Statement of purpose:  This bill proposes to create a tax holiday for purchases of home insulation materials and hybrid vehicles.

AN ACT RELATING TO TAX HOLIDAY FOR HOME INSULATION AND HYBRID VEHICLES

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

Sec. 1.  TAX HOLIDAY FOR HOME INSULATION AND HYBRID
 VEHICLES

Notwithstanding any other provision of law, no sales tax shall be imposed on sales of major home insulation materials, and no vehicle purchase tax shall be imposed on sales of hybrid vehicles, for sales which occur after June 7, 2007, but before June 18, 2007.  The secretary of the agency of natural resources shall publish a list of major home insulation materials and hybrid vehicles which qualify for this tax holiday.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us