Vt. Stat. Ann. tit. 20, § 3073

The fee for applications for licenses shall be $50.00 for residents of the State and $100.00 for nonresidents. Initial licenses shall be for a term of one year. License renewals shall be for three years for a fee of $75.00 for residents and $150.00 for nonresidents. Fees collected under this section shall be credited to a special fund and shall be available to the Department of Public Safety to offset the cost of providing the service.