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Vermont Senate bill removes the upcoming repeal date for the Vermont Economic Growth Incentive Program

Original title: An act relating the Vermont Economic Growth Incentive Program

Last action · January 8, 2026: Read 1st time & referred to Committee on FinanceSponsors: Alison Clarkson and 1 other

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

This bill permanently extends the by removing the scheduled January 1, 2027 expiration date, allowing businesses to continue applying for economic incentives past that deadline.

Why it matters

Businesses seeking state financial incentives for job creation and capital investments will retain eligibility past the previously scheduled 2027 cutoff, altering long-term economic development planning for companies statewide.

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.

Directly affected

Vermont Economic Progress Council

The council retains its statutory authority to accept and approve applications for employment growth incentives past the previously scheduled 2027 cutoff.

Directly affected

Businesses seeking economic incentives

Eligible entities gain the ability to apply for and receive Vermont Employment Growth Incentives beyond January 1, 2027.

Key Facts

  • Removes the January 1, 2027 sunset date that would have ended the Vermont Economic Progress Council's authority to accept or approve new Vermont Employment Growth Incentive applications.
  • Amends prior legislative acts from 2016, 2022, 2023, and 2024 concerning the repeal schedule of the incentive program.
  • Establishes an effective date of July 1, 2026 for the legislation.

Frequently Asked Questions

What does this bill change about the Vermont Economic Growth Incentive Program?
It removes the date of January 1, 2027, which allows the Vermont Economic Progress Council to continue accepting and approving incentive applications indefinitely.
When does this legislation take effect?
The act takes effect on July 1, 2026.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

1 action
  1. Jan 8, 2026SenateIntroduced
    Read 1st time & referred to Committee on Finance

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

Vermont Economic Progress Council
OrganizationVermont Economic Progress Council“Council responsible for accepting and approving Vermont Employment Growth Incent”Map →

Sources

Open source document

legislature.vermont.gov

Analysis Score

0–100
  • Significance60
    How much this matters to a regular citizen
  • Controversy15
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

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