Vermont House to take up money bills

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MONTPELIER, VT. >> The Vermont House this week is expected to take up revenue and spending bills, including a package calling for $48 million in new or higher taxes and fees.

The changes include raising the registration fee for mutual funds operating in the state from $600 to $1,500, in keeping with surrounding states, and collecting an estimated $1 million in rooms-and-meals taxes for the first time from people who rent out rooms through online booking services like Airbnb.

The revenue package also would raise $6 million through assessments on employers who don't offer health insurance to their workers.

The increased taxes and fees are drawing fire from minority Republicans in the Legislature.


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