Targeted Tax Relief (S.51 / Act 71) - Overview & Analysis
S.51, as passed by the Vermont House and Senate, amends several sections of Vermont's tax code to expand income tax exclusions and credits. Effective retroactively from January 1, 2025, the legislation modifies provisions related to the Vermont Child Tax Credit, Earned Income Tax Credit (EITC), retirement income exclusions, and introduces a new Vermont Veteran Tax Credit.







