The House is expected to take up legislation, S.62, this coming week that will include provisions taken from previously discussed legislation, S.10, addressing UI tax and benefit issues. The current bill will increase UI benefit costs by more than $100 million over the coming years while partially addressing underlying distortions that would otherwise increase UI […]
UPDATE | Corporate and Sales Tax Provisions Benefiting Manufacturers Back on the Table, Complicated with Other Tax Proposals
The House Ways and Means Committee has revived work on corporate and sales tax reforms that would benefit Vermont manufacturers. Earlier this year, AIV outlined changes to the apportionment of corporate taxable income as well as expansion and clarification of the sales tax exemption for machinery and equipment that we have long advocated for and […]
ACTION ALERT | Update on Legislation Impacting UI Benefits and Taxes; Employer Engagement Now Focuses on the House
The Senate last week passed S.10, legislation impacting UI benefits and taxes, with amendments. The bill is now pending review and action in the House Commerce and Economic Development Committee, which could take the legislation up as soon as next week. Current Provisions and Issues The bill includes a number of provisions, some of which […]
This Week in Committees
The following are selected items on committee calendars for the coming week that might be of interest to members. Schedules are subject to change. If you would like more information on any of these issues or others of interest to you, please do not hesitate to contact us at info@aivt.org. You can also review full agendas […]
Action Alert | Vermont Employers Face Three Significant UI Tax Threats; Critical to Contact Legislators
Vermont employers are facing three different but related UI tax threats: The first is the automatic increase in UI taxes currently scheduled for July 1 that would be the system’s response to the significant losses to the UI Trust Fund owing to the COVID crisis. For most employers, this would more than triple the tax […]
New Legislation of Interest to Vermont Employers
The following are bills recently introduced that might be of interest to Vermont employers. Text and other information about a bill’s status are available by clicking on the linked bill number. Note that official statements of purpose might not fully reflect the purpose or effect of the bill. If “SHORT FORM” is noted, the text […]
This Week in Committees
The following are selected items on committee calendars for the coming week that might be of interest to members. Schedules are subject to change. If you would like more information on any of these issues or others of interest to you, please do not hesitate to contact us at info@aivt.org. You can also review full agendas […]
ACTION ALERT | Proposals Address Key Vermont Manufacturing Tax Priorities
The House Ways and Means Committee is considering two key areas of tax reform of importance to manufacturers. The first is a carryover of proposals from last year to change the way corporate taxable income is apportioned to Vermont, which would benefit manufacturing. The second is a new proposal from the Administration to expand the […]
New Legislation of Interest to Vermont Employers
The following are bills recently introduced that might be of interest to Vermont employers. Text and other information about a bill’s status are available by clicking on the linked bill number. Note that official statements of purpose might not fully reflect the purpose or effect of the bill. If “SHORT FORM” is noted, the text […]
This Week in Committees
The following are selected items on committee calendars for the coming week that might be of interest to members. Schedules are subject to change. If you would like more information on any of these issues or others of interest to you, please do not hesitate to contact us at info@aivt.org. You can also review full agendas […]