Christina Sivret (Executive Director, Vermont State Ethics Commission) thanked Senate Government Operations Committee for their comments on bill. She continued on to propose changes to the current language, which addresses many issues of concern in numerous areas to include the sections on disclosure, voluntary compliance, assets from individual stockholdings, loans, conflicts known to applicant. Chairwoman Hardy was pleased that many of the changes are addressing concerns based on previous testimony. 

Representative Marcotte presented a high-level overview of H.707 for the Senate Economic Development Committee. He introduced himself and noted that he was Chair of both House Commerce and Economic Development as well as the SOCWED, a special committee designed to review how best to approach workforce development in Vermont.

Tom Golonka (Chair, Vermont Pension Investment Commission (VPIC)) thanked the House Government Operations Committee on Tuesday for listening to VPIC and the pension boards.  He noted that what they do is a tremendous obligation, and they take it very seriously, including the climate change problem. There is a 5-point plan that VPIC did which is on their website which he encouraged the Committee to read.

Golonka cautioned that the decisions of the Legislature do have an impact on the underfunding of the pension funds.  As an example, in 1970 the Legislature underfunded the pensions by $1M which today would be valued at $150M.  He reiterated that seemingly little changes matter and impact the funding status of the pension plans.

The Senate Government Operations Committee spent their committee time listening to twelve individuals who were slated to testify on H.875.  Chairwoman Hardy also noted the numerous written testimonies that were on their webpage with comments on the bill.

The House Government Operations Committee heard from several presenters Thursday morning speaking on S.42, which would seek to divest public pension funds of fossil fuel investments.

The Senate Government Operations Committee returned to the ethics bill, H.875 on Thursday afternoon. Chairwoman Hardy noted that they have been given an overview from Legislative Counsel and that Christina Sivret (Executive Director, Ethics Commission) would be the first individual testifying on the bill.  She introduced TJ Jones, an ethics expert consulting for the Commission. Sivret noted that it is a very long bill and provided several documents of written testimony, including highlights of areas of interest, quick summary of, and unfunded mandates.  She also provided a report from January on the proposed municipal ethics framework for Vermont.

Senator Weeks presented the bill, S.304, to the House Education Committee on Wednesday morning. To introduce the topic, he showed them a picture of a cruiser.  He said that while he served as a U.S. Naval Captain, 90% of the crew did not have any post-secondary degrees.  They were technicians, electricians, etc.  But many of them did take advantage of CTE and GED programs to better prepare themselves for the future.  Weeks noted he had a great deal of respect for them.  He noted that there was a wide range of ages among the sailors who wanted to get their GET and CTE certificates.

The Senate Education Committee reviewed adult education on Wednesday afternoon. Testifying first was Senator Westman who brought Representative Mihaly with him. Chairman Campion noted that the discussion before the Committee deals with the 60/40 split for adult education between the Education Fund and General Fund for adult education programs. Westman noted that going back before last year and over a period of some time there has been a large and targeted shift from the Education Fund to the General Fund, but he argued that regardless of age they are all students trying to get their high school degree. Last year a summer study was put together to review this issue and to make recommendations which they did this legislative session.

Representative Boyden reported H.702 to the Senate Government Operations Committee on Thursday.

She noted there are two distinct sections of the bill:

1. The creation of a Joint Oversight and Accountability Committee
2. The establishment of a working group to review the State’s grant process

Kristin Warner (Public Policy Manager, VBSR) spoke to the Senate Economic Development on the creation of a new flood relief program called FRAP (Flood Relief Assistance Program). This program was originally in H.723, but was not taken up by any committee.  An amendment containing the language creating FRAP was proposed on the House floor but was defeated. VBSR is asking the Committee to take testimony on this bill. 

Senator Weeks offered an amendment to S.304 on the Senate Floor Friday on behalf of the Committee on Education. The amendment was a strike-all which would provide students in grade six through eight with career enrichment and exposure to their regional Career and Technical Education (CTE) Center. The bill also provides students enrolled in grades nine and ten a genuine opportunity to participate fully in pre-tch and exploratory career and technical courses.

The House Ways & Means Committee reviewed H.829 on Wednesday. This bill as originally proposed by Representative Stevens to restore,  enhance, and supplement elements of Vermont’s pandemic-era housing policy  that ceased with the termination of federal pandemic aid by implementing  permanent upstream eviction protections and other rental housing policies to  preserve housing stability for both tenants and property owners, including by  creating a rental registry; allocating resources for eviction diversion;  modernizing policies on just cause evictions, rent increases, and security deposits; and creating programs for property owners to access funding to remediate damages created during recent tenancies.

The House Government Operations Committee heard from Representative Brennan on Tuesday who, on behalf of the Town of Colchester, proposed an amendment to H.875 (the municipal ethics bill) which would require towns who have established policies and procedures on Ethics to be exempt from the entirety of the Bill upon submitting a letter from the legislative body to the State Ethics Commission by December 31^st of each year certifying that the municipality has adopted an ethics policy and  framework that does not conflict with the state standards.

The Senate Education Committee held a presentation on Tuesday afternoon on the Flexible Pathways Initiative, created by Act 77 of 2013, which encourages and supports the creativity of school districts as they develop and expand high-quality educational experiences that are an integral part of secondary education in the evolving 21^st century classroom. 

On Thursday, Gus Seelig (Executive Director, Vermont Housing and Conservation Board) talked to the House Commerce Committee about his annual report and the pictures and write-ups of all the projects they have been involved in throughout the State. But today they are focusing on housing and workforce development. Seelig mentioned that the Chair had asked him to work with the Career Technical Centers to focus on housing and workforce development in the construction/developer careers. He noted that he and Will Belongia (Executive Director, Vermont Community Loan Fund) had talked to CTE Directors throughout the state to find out what is needed. They said they need more students interested in the construction/housing field.

Representative from the House Commerce Committee presented a revised version of H.707 on the House floor on Wednesday. The bill is an overhaul of Vermont’s workforce governance oversight which focused on workforce development, education, and training.  The recommendations made in the bill are a direct result of the creative of a task force in 2022 consisting of key players with the State workforce system and a workforce specialist consultant. 

Treasurer Mike Pieciak spoke to the Senate Economic Development Committee on Thursday morning about “10% for Vermont,” a local investment program.

The program authorizes the Treasurer to invest up to 10% of the State’s average daily cash balance for economic development in Vermont.  As noted in an announcement from the Office of the State Treasurer “the State’s average daily cash balance has grown substantially in recent years due to increased state revenues allowing the program’s lending capacity to expand from $39M to $100M and then expanded to $115M.  In total, when combined with funds that were not committed from the original program, there is now $85M available to support local economic development. 

A joint presentation was made to the House Commerce Committee on Thursday about Community Development Financial Institutions (CDFIs). Will Belongia (Executive Director, Vermont Community Loan Fund) opened up the presentation with an overview of CDFIs do. He shared that they are community-based organizations that expand economic opportunity and provide financial products and services to individuals and businesses often underserved by traditional financial institutions. The CDFI designation is given by the US Department of Treasury to organizations that have a primary mission of community development and a proven track record of providing financial products and services to underserved communities. CDFIs include credit unions, loan funds, venture capital funds, and banks. They go through a rigorous application process and must recertify every year.

Heather Bouchey (Interim Secretary, Agency of Education) appeared before Senate Education to discuss S.304 – CTE Opportunities for Grades Six through Ten.  Consensus on the bill could not be reached by all interested parties in Senate Education Committee.  Chairman Campion asked that Bouchey return with a consensus bill that parties could all agree on so the bill could be voted on and passed out before cross-over. 

Early in the week the Department of Labor (VDOL) presented numerous recommended changes to the language in H.707.  Most of the changes indicated that VDOL would like to see more discussion and significant review before moving forward.  The primary discussion is about the creation of a separate office reporting to the Governor rather than located within VDOL.  The Commissioner later in the week stated that the Governor is not interested in creating a new office.  There was discussion that with the right person in the job as Executive Director it might not matter where the position resided as long as the individual was capable of executing the job description as envisioned by the House Commerce Committee.