Vermont Statutes
Chapter 87 - Grants, Scholarships, and Education Loan Programs
§ 2825. Tax exemptions

§ 2825. Tax exemptions
All real and personal property of the Corporation is exempt from taxation. All bonds, notes, and other obligations issued pursuant to this chapter are issued by a body corporate and public of this State and for an essential public and governmental purpose and those bonds, notes, and other obligations, and the interest on and income from them, except as otherwise provided by resolution of the Corporation authorizing the issuance of taxable debt pursuant to section 2868 of this title, and all activities of the Corporation and fees, charges, funds, revenues, incomes, and other monies of the Corporation whether or not pledged or available to secure the payment of these bonds, notes, or other obligations, or interest thereon, are exempt from all taxation, franchise taxes, fees, or special assessments of whatever kind except for transfer, inheritance, and estate taxes. (Added 1965, No. 198, § 9; amended 1981, No. 174 (Adj. Sess.), § 3, eff. April 20, 1982; 2003, No. 86 (Adj. Sess.), § 5; 2019, No. 131 (Adj. Sess.), § 99.)

Structure Vermont Statutes

Vermont Statutes

Title 16 - Education

Chapter 87 - Grants, Scholarships, and Education Loan Programs

§ 2821. Student Assistance Corporation; purpose

§ 2822. Definitions

§ 2823. Powers of Corporation

§ 2825. Tax exemptions

§ 2826. Statutory purposes

§ 2827. Confidentiality of personally identifying information

§ 2831. Membership; vacancies

§ 2832. Organization and compensation

§ 2833. Meetings; quorum

§ 2834. Powers and duties

§ 2835. Controls, audits, and reports

§ 2841. Establishment; rules

§ 2842. Eligibility

§ 2843. Applications, certificates, and reports

§ 2844. Amount received; proration

§ 2845. Trust fund; grants; students in Department for Children and Families custody

§ 2846. Advancement grants

§ 2851. Establishment

§ 2852. Eligibility

§ 2853. Application

§ 2854. Amount; number; disbursement

§ 2857. Vermont National Guard Tuition Benefit Program

§ 2861. Establishment

§ 2862. Rules and regulations

§ 2863. Guarantee

§ 2864. Reserve fund

§ 2865. Default

§ 2866. Rights of minors

§ 2867. Reserve and pledged equity funds

§ 2868. Notes, bonds, and other obligations

§ 2869. Loan cancellation; mathematics, science, and computer science teachers

§ 2875. Findings and intent

§ 2876. Definitions

§ 2877. Vermont Higher Education Investment Plan created

§ 2878. Participation agreements for Investment Plan

§ 2878a. Participation agreements for Investment Plan; Vermont Matched Savings Program

§ 2879. Investment and payments

§ 2879a. Cancellation of participation agreements

§ 2879b. Effect of payments in computation and determination of financial aid need

§ 2879c. Tax exemption

§ 2879d. Property rights to assets in the Plan

§ 2879e. Construction and application

§ 2879f. Annual reports

§ 2880. Definitions

§ 2880a. Vermont Universal Children’s Higher Education Savings Account Program established; powers and duties of the Vermont Student Assistance Corporation

§ 2880b. Vermont Universal Children’s Higher Education Savings Account Program Fund

§ 2880c. Initial deposits to the Program Fund

§ 2880d. Vermont Higher Education Investment Plan accounts; matching allocations for families with limited income

§ 2880e. Withdrawal of Program funds

§ 2880f. Rights of beneficiaries and their families

§ 2880g. Financial literacy programs

§ 2880h. Program Fund Advisory Committee