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Read. Follow. Verify.Vermont directs Secretary of Administration to study and design long-term care trust fund by January 2026
Last action · January 29, 2025: Read first time and referred to the Committee on Human ServicesSponsors: Daniel Noyes and 1 other
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What This Bill Would Do
The Secretary of Administration is required to study and design a long-term care trust fund for eligible Vermont residents with taxable income over 150 percent of the federal poverty level, with a written report and proposed legislation due January 15, 2026.
Vermont residents with taxable income exceeding 150 percent of the federal poverty level face potential fund contributions beginning July 1, 2026, ahead of future long-term care benefit availability.
Who It Would Affect
Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.
Vermont residents with taxable income over 150 percent of the federal poverty level
The study evaluates collecting fund contributions from this group starting July 1, 2026.
Secretary of Administration
Tasked with studying fund design, drafting a funding plan, and submitting a report with proposed legislation.
Medicaid
The study examines transferring fund resources to Medicaid to support long-term care services.
Key Facts
- The Secretary of Administration must study and design a trust fund providing long-term care for eligible persons based on a social insurance model.
- The funding plan must evaluate collecting funds starting July 1, 2026, for a minimum of three years before providing benefits.
- Fund contributions would be collected from Vermont residents with a taxable income exceeding 150 percent of the federal poverty level.
- The study must design a governing committee to administer the fund, develop benefit packages, establish eligibility thresholds based on daily living activities, and set portability rules.
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- The Secretary must evaluate benefit eligibility for persons paying into the program for at least two years.
- The study must examine transferring fund resources to Medicaid for long-term care services.
- The Secretary may receive assistance from any Executive Branch entity, board, commission, or independent body.
- A written report on findings and proposed legislation must be submitted by January 15, 2026, to designated House and Senate committees.
- The act takes effect on July 1, 2025.
Frequently Asked Questions
Who is required to conduct the study on the long-term care trust fund?
When is the final report due to the legislative committees?
Which residents would be subject to fund collections under the proposed plan?
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Votes, people, money & the original sourceWhere This Stands
Currently in committee. The next step in the legislative lifecycle is Floor Vote.
Procedural history
1 action- Jan 29, 2025HouseIntroducedRead first time and referred to the Committee on Human Services
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Connected Entities
Sources
legislature.vermont.gov
Analysis Score
0–100- Significance45How much this matters to a regular citizen
- Controversy30Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz25Current news / social attention level
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