The bill H.288 proposes to amend the current motor vehicle registration fee structure for veterans in Vermont. It introduces a provision that waives the registration fee 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 stipulates that veterans who qualify for the 50 percent reduction may also be eligible for a full waiver of registration fees once per calendar year, as long as they are not already receiving the full exemption. The bill also includes a provision to ensure that the revenue lost from these fee reductions will be offset by allocating necessary funds to 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