Bill H.886 aims to address disparities in labor costs across Vermont by introducing a cost of competing adjustment within the state's education funding system. This adjustment is intended to ensure that public education funding more accurately reflects the varying costs of labor in different regions of the state, thereby promoting equity in educational resources.

The bill was introduced by Representatives Brady and Burkhardt and has been referred to the appropriate committee for further consideration. While the specific legal language detailing the adjustments has not been provided in the summary, the intent is clear: to enhance the state's education funding framework to better accommodate the economic realities faced by different communities.