The bill H.954 pertains to the approval of an amendment to the charter of the Town of Stowe, which was approved by the voters on March 3, 2026. The General Assembly formally approves this amendment, which includes significant changes to the town's taxation authority.

Specifically, the bill introduces a new section that allows the Selectboard to impose a two percent local option tax on sales, rooms, meals, and alcoholic beverages. This tax will be collected and administered by the Department of Taxes, with provisions for the distribution of funds collected in excess of one percent. Fifty percent of such excess will go to the Local Option Municipal Transportation Special Fund, while the other fifty percent will be retained by the Town. Additionally, this new local option tax supersedes any previously adopted local option tax by the Town. The act is set to take effect upon passage.