Bill S.31 proposes a temporary suspension of the ambulance agency provider tax for the fiscal years 2026 through 2028. Specifically, it states that during these years, the Department of Vermont Health Access will not assess the ambulance agency assessment, meaning that no ambulance agency will be required to pay this tax. Additionally, to compensate for the lost revenue from the suspension of the tax, 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 also includes a provision that it will take effect on July 1, 2025. This legislative change aims to alleviate financial burdens on ambulance agencies while ensuring that the General Fund receives equivalent revenue during the suspension period.