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 […]

On the Wire | News and Analysis from the Web

US durable goods orders show modest 0.2% December gain.  AP 1/26 “Orders to U.S. factories for big-ticket manufactured goods rose a modest 0.2% in December, held back by a big drop in the volatile aircraft sector. A key category that tracks business investment decisions slowed. . . .” Labor market trends show emphasis on digital […]

Governor Scott Delivers Budget Address

Governor Scott today delivered his fifth budget address to the General Assembly, presenting a budget that, with the help of federal stimulus, includes $210 million in new investments to strengthen the economy, create more and better paying jobs, and address priorities like downtown revitalization, infrastructure, broadband, and climate change without raising taxes or existing fees […]

Vermont Labor Market

The Vermont Department of Labor released data on the Vermont economy for the time period covering December 2020. According to household data, the seasonally-adjusted statewide unemployment rate for December was 3.1%. This reflects an increase of one tenth of one percentage point from the prior month’s revised estimate of 3.0%. The Vermont seasonally-adjusted unemployment rate […]

PPP First and Second Draw Webinars on Wednesdays | Forgiveness Webinars Also Continue on Tuesdays

The SBA Vermont District Office is hosting free webinars from 9:00 to 10:30 am on Wednesdays addressing the Paycheck Protection Program First Draw and Second Draw options.  Addressed will be what is a PPP loan, terms, eligibility, the application process, what is the difference between them, what has changed with the Economic Aid Act, etc.  […]

Extension of COVID Tax Credit for Employers Who Keep Workers on Payroll

The Internal Revenue Service urges employers to take advantage of the newly-extended employee retention credit, designed to make it easier for businesses that, despite challenges posed by COVID-19, choose to keep their employees on the payroll. The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted December 27, made a number of changes to […]

Upcoming Webinars

AIV’s national allies and partners at NAM, the Manufacturing Leadership Council, and the Manufacturing Institute are hosting the following webinars that might be of interest to Vermont manufacturers and other employers: Making Zero Defects Possible: A Quest for Manufacturing. January 27 at 11:00 am.  Click here. The Way Forward: The State of Manufacturing in 2021 […]

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 […]

Webinar on Veterans Business Training

The Small Business Administration is hosting a two-day webinar from 8:30 am to 4:00 pm February 24 to 25 for veterans wanting to learn about the fundamentals of starting a small business. Boots to Business is a free SBA training program for transitioning service members, veterans, and family members to assist understanding the steps, stages, […]

Trade Updates from A.N. Deringer

The following is provided by AIV member A.N. Deringer: Aluminum Import Monitoring and Analysis System Launch Delayed Until March 2021 The Aluminum Import Monitoring and Analysis (AIM) System launch has been delayed from January 25, 2021, to March 29, 2021. The new system will act similarly to the Steel Import Monitoring and Analysis System: it […]