Feedback and Engagement Needed | Corporate Tax Reform:  Opportunities for Key AIV Priorities, Questions about Additional Changes

The Ways and Means Committee is considering legislation to make changes to how Vermont’s corporate income tax is calculated and apportioned.  Some of these changes would greatly benefit Vermont manufacturers and related businesses, while other possible changes raise uncertainties. Feedback and support from manufacturers will be critical in moving forward on the positive changes and […]

UPDATED | Act 250 Reform Actually Takes a Step Forward?

The House Natural Resources, Fish, and Wildlife has been slogging through Act 250 reform proposals since last year.  Progress has been glacial and inconsistent.  Nevertheless, pressure has been increasing on the Committee to get something to the House floor in time for the cross-over deadline in mid-March for bills to get to the Senate in […]

On the Wire | News and Analysis from the Web for the Week of February 10

Powell: Economy looks resilient despite risk of China virus.  AP 2/11 ” Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy appears durable, with steady growth and unemployment near a half-century low, but faces risks from the broadening viral outbreak that began in China. . . .” US open jobs fall sharply for […]

Legislation Advances Mandating Greenhouse Gas Reductions and Allowing Private Right of Action for Enforcement

As discussed previously, the House Energy and Technology Committee has been working on legislation, H.688, that would establish mandatory goals for Vermont to reduce greenhouse gas emissions.  The bill would create a private right of action for suing the state if implementation benchmarks are not met.  The Committee voted the bill out on Tuesday, and […]

The Week Ahead 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 and also review full agendas […]

On the Wire | News and Analysis from the Web for the Week of February 3

Sustainable manufacturing: Good for the environment and metal fabricators.  The Fabricator 2/9 “Sustainable manufacturing is not another fad. Sustainable manufacturing is necessary for public health and employee safety. It is also simply good business practice. . . .” Why Competing For New Talent Is a Mistake.  Harvard Business Review 2/5 “As demand grows for new […]

REMINDER | Comments Due on Proposed Changes to Environmental Citations Rule February 21

ANR’s proposed amended Ch. 25 Environmental Citations Rule is currently on notice, and review and input during the comment period, open through February 21, would be appreciated. The proposed rule revison is available on the Secretary of State database and DEC web page at the following links: https://secure.vermont.gov/SOS/rules/index.php (Rule No. 20P001) https://dec.vermont.gov/enforcement/rules Summary of Amendment […]

Work Opportunity Tax Credit Extended to January 2021

The IRS recently announced that the Work Opportunity Tax Credit (WOTC) has been extended to Jan. 1, 2021. The WOTC is a federal tax credit available to employers for hiring individuals from certain targeted groups who have consistently faced significant barriers to employment. For more information, contact us at info@aivt.org.  

Legislation Regulating Non-Compete Agreements Goes to the House Floor

H.1, legislation regulating non-compete agreements, was approved by the House Commerce and Economic Development Thursday and will be taken up on the House Floor next week. The Committee and stakeholders have been wrestling with H.1 since early last year.  The bill has gone through some extremely restrictive and burdensome versions over that time.  Although issues […]