The bill H.770, introduced by Representatives Conlon and Kornheiser, aims to prevent Vermont from participating in the federal tax credit program for contributions to scholarship granting organizations. The General Assembly finds that the Internal Revenue Code's Section 25F establishes a federal program that allows states to voluntarily opt in or out. The decision to participate is designated to the Governor or another state entity, but this bill asserts that the General Assembly itself will be the sole entity to make that election.

To formalize this, the bill includes new legal language that designates the General Assembly as the exclusive authority to decide on participation in the federal tax credit program, explicitly stating that Vermont will not participate. Any contrary decisions made by other state officials or entities will be rendered void. The bill is set to take effect on July 1, 2026.