Vermont § 3 - Local options tax
Full text of Vermont Vermont Statutes Online § 3 — Local options tax, with citation guidance and answers to common questions.
§ 3. Local options tax
- (a) The Selectboard is authorized to impose a one-percent sales tax, a one-percent meals
and alcoholic beverages tax, and a one-percent rooms tax upon the sales within the
Town that are subject to the State of Vermont tax on sales, meals, alcoholic beverages,
and rooms. (b) A tax imposed under the authority of this section may be rescinded and shall be collected
and administered pursuant to 24 V.S.A. § 138, provided that the Town shall: (1) receive on a quarterly basis not less than 70 percent of the tax collected, less the
per-return fee; and (2) pay not more than 70 percent of the per-return fee. (c) The tax to be paid to the Town shall be set aside in the Sewer Reserve Fund to assist
in the repayment of debt obligations related to the construction of a Municipal Wastewater
System in Montgomery Center and Village. (d) The taxes authorized by this section shall expire 90 days after the date that the
Town has fully repaid the debt obligations related to the construction of the Municipal
Wastewater System in Montgomery Center and Village. (Added 2021, No. M-18 (Adj. Sess.), § 2, eff. June 7, 2022.)
Frequently Asked Questions About Vermont § 3
What does Vermont Statutes Online § 3 cover?
Section 3 ("Local options tax") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 3?
A common citation format is "Vermont Statutes Online § 3" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.