The bill H.288 proposes to amend the current motor vehicle registration fee structure for veterans in Vermont. It introduces a provision that waives registration fees entirely for veterans who have received a discharge under conditions other than dishonorable, provided they are residents of Vermont and the vehicle was acquired with financial assistance from the U.S. Department of Veterans Affairs. Additionally, the bill allows for a 50 percent reduction in registration fees for various types of vehicles if the veteran is listed as an owner or co-owner on the registration forms and submits the appropriate documentation, such as a DD Form 214.

Furthermore, the bill includes a provision for a 100 percent reduction in registration fees for veterans who meet the same discharge and residency criteria, but only if they are not already receiving the full exemption. The bill also modifies the allocation of revenues from the Department of Motor Vehicles, ensuring that funds necessary to offset the foregone registration fees are deposited into the Transportation Fund instead of the Sports Wagering Enterprise Fund. The act is set to take effect on January 1, 2026.

Statutes affected:
As Introduced: 23-378, 31-1304