Bill S.31, introduced by Senators Chittenden and Ingalls, proposes a temporary suspension of the ambulance agency provider tax for fiscal years 2026 through 2028. Specifically, the bill states that during these years, the Department of Vermont Health Access will not assess the ambulance agency assessment, meaning no ambulance agency will be required to pay this tax. To offset the loss of revenue from this suspension, the bill mandates that the Commissioner of Finance and Management transfer an amount equivalent to the revenue generated by the ambulance agency assessment in fiscal year 2025 from the PILOT Special Fund to the General Fund.

The bill includes new legal language that explicitly suspends the ambulance agency provider tax and outlines the transfer of funds from the PILOT Special Fund to ensure that the General Fund remains adequately funded during the suspension period. Additionally, the act is set to take effect on July 1, 2025.