Credit limitations [Effective until contingency met; see also 32 V.S.A. chapter 154 effective July 1, 2029 if contingency met, set out below]
32 V.S.A. § 6067
in effect6067. Credit limitations [Effective until contingency met; see also 32 V.S.A. chapter 154 effective July 1, 2029 if contingency met, set out below]
Only one individual per household per taxable year shall be entitled to a property tax credit under this chapter. An individual who received a homestead exemption or credit with respect to property taxes assessed by another state for the taxable year shall not be entitled to receive a credit under this chapter. No taxpayer shall receive a renter credit under subsection 6066(b) of this title in excess of $3,250.00. No taxpayer shall receive a property tax credit under subdivision 6066(a)(3) of this title greater than $2,400.00 or cumulative credit under subdivisions 6066(a)(1), (2), and (4) of this title greater than $5,600.00.
Only one individual per household per taxable year shall be entitled to a property tax credit under this chapter. An individual who received a homestead exemption or credit with respect to property taxes assessed by another state for the taxable year shall not be entitled to receive a credit under this chapter. No taxpayer shall receive a renter credit under subsection 6066(b) of this title in excess of $2,500.00. No taxpayer shall receive a property tax credit under subdivision 6066(a)(3) of this title greater than $2,600.00 or cumulative credit under subdivisions 6066(a)(1), (2), and (4) of this title greater than $6,000.00.
Added 1997, No. 60, § 51, eff. Jan. 1, 1998; amended 1999, No. 49, § 10, eff. June 2, 1999; 2005, No. 185 (Adj. Sess.), § 9; 2007, No. 82, § 2, eff. July 1, 2008; 2011, No. 143 (Adj. Sess.), § 30, eff. Jan. 1, 2013; 2018, No. 11 (Sp. Sess.), § H.13, eff. July 1, 2019; 2019, No. 160 (Adj. Sess.), § 5, eff. Jan. 1, 2021; 2025, No. 169 (Adj. Sess.), § 9, eff. July 1, 2026; 2025, No. 169 (Adj. Sess.), § 11, eff. July 1, 2027.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/32/154/06067Fetched: 10/21/2026