Dr. Gregory Rowangould (Director, Transportation Research Center) joined the House Transportation Committee on Wednesday morning. He had been asked to address the issue of reduced revenues from declining gas consumption as more people use EVs and higher mileage ICE vehicles combined with increasing inflation that impacts the material costs for maintaining roads. The Transportation Fund is getting stretched.

Options being considered included raising the gas tax, index gas tax to inflation, raise registration and inspection fees, shift funding from other streams, distance-based charges, tolls, congestion charging, more efficient use of existing resources. However, Rowangould’s presentation focuses on mileage fees. 

Chairwoman Cummings opened the Senate Finance Committee meeting on Tuesday by reminding Senators that “we now have about four days (possession of H.887)… to figure out how to actually save the public school system.” It was noted that 30 school budgets had been defeated, some now twice. Senator Chittenden added the South Burlington budget 3^rd vote is next Tuesday.

The bill updating Vermont’s Renewable Energy Standard (RES), H.289, reached the Senate Floor on Friday. Senator Bray, on behalf of the Natural Resources Committee, recommended they concur with the House version of the bill. He called this an “incremental version” of the RES that they started in 2015 (a 2.0 as it were). He argued that times are changing, and needs are changing, this bill advances the timeline for reaching 100% renewable & in-state generation to 2030. There had been different stakeholders who do not agree (utilities and solar/wind developers) on how to do this. They formed a committee to look at this over the summer and came to an agreement. The result, he claimed, was H.289.

This year’s “major” housing bill, H.687, reached the Senate Floor on Thursday for an informational session. Senator Ram Hinsdale stressed the need for additional housing and the replacement of the 5,000 housing units damaged by the recent flooding.

The Senate Economic Development Committee convened on Wednesday morning to review the new version of H.687, which incorporated parts of the bill they had worked on earlier in the session – S.311. Chairwoman Ram Hinsdale noted that there was a new amendment from Senator Bray that had just been released. She noted that Bray was claiming this amendment was the “holy grail of negotiations” between her and the Senate Natural Resources Committee.

Representative Conlon joined the Senate Education Committee on Wednesday afternoon. The Committee wanted to hear from him about a “formal check in” from the Commission on the Future of Education in January.

H.887 reached the House Floor on Tuesday afternoon. Representative Kornheiser introduced the bill on behalf of the Ways & Means Committee. She shared that they have “struggled mightily to navigate through this issue.” She highlighted that “this work cannot be done overnight or even in a couple months during the legislative session.” The $250M in new spending was described as the primary driver of property taxes, increasing property taxes by roughly $0.25. Other factors identified were weaker performance of non-property tax revenue sources and loss of federal funds. Other measures in the bill have been reported on previously.

The House Ways & Means Committee met first thing on Tuesday morning to begin reviewing proposed amendments to H.887, which sets the property tax rates for FY2025.

The House Ways & Means Committee walked through changes to H.629 with Legislative Counsel on Thursday morning. The bill would address a number of issues that arise from natural disasters impacting a property. For example, the rapid devaluation for tax purposes or the inability to pay property taxes or utilities because of repair costs.

Most of the Senate Changes were technical in nature and included updates to some of the definitions in the bill. The main sticking point for the Committee was around the interest rate charged for delinquent taxes and other bills. The House version charged 0.5% per month while the Senate Version charged 1%.

Chairwoman Kornheiser outlined a list of reasons that have led to the moment and need for a joint hearing of the House Education and Ways & Means Committees this week. School budgets have a “rough road to passage this year,” she argued, and even with the default budget that takes effect July 1^st, districts will still eventually need to pass a budget. She is concerned that budgets may never pass. Additionally, the statute regarding tuitioning districts may have a little bit of conflict with itself.

She explained that after conversation with Chairman Conlon “and the field” (likely the interest groups representing school administrators) she sat down with the Joint Fiscal Office and Legislative Counsel to develop a set of scenarios as a starting point for discussions.

Stephanie Betit-Hancock (Director of Student Support Services, Windham Central Supervisory Union) offered to outline their work and why they support the BOCES bill to the Senate Education Committee on Friday afternoon.

Secretary Saunders (Secretary, Agency of Education) joined the Senate Education Committee on Friday afternoon to discuss Section 1 of the property tax yield bill, H.887. The Agency supports this section which creates the Commission on the Future of Education. She did offer some clarifying language ensuring more representation of policy experts can be accessed. She her written testimony.

On Tuesday morning, the House Ways and Means Committee heard from Morgan Daybell, who was representing all the administrative groups in the education system. He noted that they felt that the funding and policy discussions should not be separated, and the same Commission should be responsible for both. They approve of the cloud tax and the short-term rental surcharge and “anything else” that would increase the statewide yield amount.

Thursday afternoon the House Environment Energy Committee took up S.259 and the Committee's amendment to the bill. The bill creates a Climate Change Cost Recovery Program which allows the state to sue fossil fuel companies for damages using an “emissions factor” for greenhouse gas emissions the company’s products produced. Investments by municipalities to make sure communities are resilient to the impacts of climate change would be eligible for funds from this super fund.

Senator Bray announced on Friday morning that the Senate Natural Resources Committee was resuming its work on H.289, which increases the targets of the state’s Renewable Energy Standard (RES).

Chairwoman Ram Hinsdale opened testimony in the Senate Economic Development Committee on Wednesday afternoon saying that she wanted context on the “current unmet housing need.”

Senator Bray opened up the Senate Natural Resources Committee meeting on Wednesday morning by stating that they are “evaluating elements” of S.311 to be integrated into H.687. Indicating that the plan was to vote the bill out today while they wait for “Counsel makes any changes… for things that we can resolve, non-showstopper issues… the plan is to set aside a basket of those, and we will have about a week during which Senate Economic Development will evaluate.”  See draft 3.1.

Chairman Campion brought the Senate Education Committee together on Wednesday afternoon, asking legislative counsel to give them a high-level overview and see what if any testimony or experts we want to call. He also highlighted Senator Weeks’ questions yesterday about whether the supervisory unions (SUs) could do some of this work.

It was noted that each of the seven possible regional Boards of Cooperative Educational Services (BOCES) have to vote to both form and SUs have to vote to join. Campion added he may want to change the name of these organizations.

Chairwoman Kornheiser opened the House Ways and Means Committee meeting on Tuesday by saying, ”we have put a bunch of big ideas out into the world because that is the only way can get work done right? Someone has to put something on paper for people to react to… and it’s fairly intense…. It does not mean these are hills we want to die on. It’s a necessary part of the process.” She noted that the draft yield bill has “multiple decision points” that range through FY2027.

Chairwoman Cummings started off the Senate Finance Committee meeting on Wednesday afternoon by introducing three superintendents who were going to speak to them about cost drivers in the current budget cycle and things they could do long-term to reduce costs.