MONTPELIER, Vt. (WCAX) Late Monday night, Gov. Phil Scott announced he will let the budget approved by Vermont lawmakers become law without his signature.
The House and Senate passed a third budget plan and sent it to the governor Monday afternoon.
Scott has demanded no property tax rate increase. The plan now includes a nonresidential rate increase.
In a statement, Scott said he feels has no other choice then to let the bill pass but that he will continue to fight tax increases and try to keep Vermont fiscally responsible.
Democratic leaders in a statement Tuesday said, "It's a relief that the governor is finally willing to accept the significant compromise the Legislature worked hard to put forward. The bill is widely supported and reflects reasonable compromise by both parties."