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Vermont Statutes Annotated — Title 32 (Taxation and Finance)

32 V.S.A. § 476

Rebate of income earned from investment or reinvestment of bond proceeds to the U.S. Treasury Department

Official textlegislature.vermont.gov

Subject only to the approval of the Governor, the Commissioner of Finance and Management shall issue his or her warrant for payment to the U.S. Treasury Department or any other agency of the United States of all or any portion of the income received by the State from the investment or reinvestment of the proceeds of any bonds issued by the State in such amount and to the extent necessary to ensure that interest on bonds issued by the State is not included in gross income of the recipients thereof for federal income tax purposes. (

Last amended: Added 1985, No. 125 (Adj. Sess.), § 6, eff. April 18, 1986; amended 1987, No. 36, § 7; 1987, No. 243 (Adj. Sess.), § 59, eff. June 13, 1988.)

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In this chapter (40 sections)
  1. 7-432 · Management of invested State money
  2. 7-433 · Investments of State money
  3. 7-434 · Investment of certain funds
  4. 7-435 · General Fund
  5. 7-435a · Tobacco Litigation Settlement Fund
  6. 7-436 · Interfund borrowing
  7. 7-461 · Disbursements on Commissioner’s warrants
  8. 7-462 · Appropriation required
  9. 7-463 · Itemized bills with vouchers required
  10. 7-464 · Itemized statements and receipts required
  11. 7-465 · Only lawful claims allowed; warrants
  12. 7-466 · Requisitions
  13. 7-467 · Accounts with Superior Court clerks
  14. 7-468 · Repealed. 1959, No. 328 (Adj. Sess.), § 35(h)
  15. 7-469 · Requisition for court expenses
  16. 7-470 · Repealed. 2005, No. 93 (Adj. Sess.), § 85, eff. March 3, 2006
  17. 7-471 · Repealed. 1959, No. 328 (Adj. Sess.), § 35(h)
  18. 7-472 · 7-472
  19. 7-474 · Repealed. 1991, No. 257 (Adj. Sess.), § 9
  20. 7-475 · Disasters on State properties
  21. 7-476 · Rebate of income earned from investment or reinvestment of bond…
  22. 7-501 · Repealed. 1997, No. 147 (Adj. Sess.), § 261b
  23. 7-502 · Monies to be paid over without deduction
  24. 7-503 · Payment of monies into Treasury
  25. 7-504 · Fines paid to Superior Court clerk
  26. 7-505 · Repealed. 2009, No. 33, § 83(m)(3)
  27. 7-506 · Failure of Superior Court clerk to pay over
  28. 7-507 · Repealed. 2003, No. 122 (Adj. Sess.), § 294a
  29. 7-508 · Receipts given by State officers
  30. 7-509 · Overpayment; refund
  31. 7-509a · Judiciary overpayment; refund
  32. 7-510 · Appropriation; federal funds; Public Service Department receipts
  33. 7-511 · Excess receipts
  34. 7-521 · 7-521
  35. 7-526 · 7-526
  36. 7-541 · Collection of fines and costs
  37. 7-542 · Payment to Treasurer
  38. 7-543 · Repealed. 2009, No. 33, § 83(m)(4)
  39. 7-544 · Judge may pay witnesses
  40. 7-561 · Repealed. 2009, No. 33, § 83(m)(5)
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