Vermont 2025-2026 Regular Session Status: Introduced 1 R cosponsors

S 315 — An act relating to a homestead property tax exemption for long-term residents who are 65 years of age or older

Last action — Read 1st time & referred to Committee on Finance

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced January 27, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

How this bill changes current law

4 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill establishes a phased homestead property tax exemption for long-term residents aged 65 and older over a four-year period, fully effective by fiscal year 2030.

  • 32 V.S.A. § 3802

    (23) A homestead validly declared under section 5410 of this title shall be exempt from the homestead education property tax imposed pursuant to chapter 135 of this title if the declarant for the homestead meets both of the following conditions: (A) the declarant is 65 years of age or older as of December 31 of the taxable year; and (B) the declarant has been domiciled in Vermont for at least 10 consecutive years.

    This establishes criteria for a homestead property tax exemption for individuals aged 65 and older.

  • 32 V.S.A. § 3802

    Notwithstanding 32 V.S.A. § 3802(23) and 32 V.S.A. chapter 135, for fiscal years 2027–2029, the only education property tax imposed on a homestead property validly declared under 32 V.S.A. § 5410 shall be as calculated under this section if the declarant for the homestead property meets both of the following conditions: (1) the declarant is 65 years of age or older as of December 31 of the taxable year; and (2) the declarant has been domiciled in Vermont for at least 10 consecutive years.

    This gives temporary property tax calculation rules for the specified fiscal years for eligible seniors.

  • The legislative body for the municipality in which the homestead is located shall bill the declarant at the homestead rate determined for the municipality pursuant to 32 V.S.A. § 5402(b)(1) for the fiscal year multiplied by the following portion of the education property tax grand list value of the homestead: (1) for fiscal year 2027, 75 percent; (2) for fiscal year 2028, 50 percent; (3) for fiscal year 2029, 25 percent.

    This outlines how municipalities should calculate the reduced property tax rate for eligible seniors over three fiscal years.

  • This act shall take effect on July 1, 2026.

    This specifies the effective date for the new law.

Action History

  1. Read 1st time & referred to Committee on Finance

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 189 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (189)

189 members have not signed on to this bill.

Show all 189 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors S 315?
S 315 is sponsored by Christopher P Mattos (Republican).
What is the current status of S 315?
This bill has been introduced in the Senate. Introduced January 27, 2026. It must pass committee before a floor vote.
Where can I track S 315?
Track S 315 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on S 315

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of S 315

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →