Bill H.767, introduced by Representative Tagliavia, proposes an eight-year moratorium on several climate-change-related laws in Vermont, specifically targeting the 2023 Acts and Resolves No. 59, 2024 Acts and Resolves No. 181, the Global Warming Solutions Act, the Renewable Energy Standard, and the Clean Heat Standard. The bill argues that these laws impose regulatory burdens that could increase housing costs, limit development opportunities, and infringe on private property rights. It emphasizes the need for a temporary pause to evaluate the cumulative impacts of these regulations on housing availability, energy affordability, and overall costs to Vermonters, while also allowing for the exploration of alternative approaches that balance environmental goals with economic realities.

The bill includes provisions to prevent the implementation and enforcement of new regulations that could impose additional costs on housing development and energy consumption. It mandates a comprehensive study to assess the impacts of the moratorium, including recommendations for alternative policies that achieve environmental goals without undue economic burden. The study will evaluate the effects of paused regulations on private property rights and individual freedoms, with a report due to the General Assembly by January 15, 2034. Additionally, the bill introduces application fees for the Land Use Review Board, aiming to reduce administrative costs while preserving private property rights. It is projected to have a net positive fiscal impact, with significant cost avoidance expected to outweigh the minor expenses associated with the required comprehensive study. The legislation will take effect upon passage, ensuring prompt implementation of the proposed changes.