Legislative Compensation (S.39) - May 8, 2023
Two different House committees reviewed S.39 on Monday, passing the bill quickly to get it back to the floor in time for Friday adjournment. The bill encompasses significant increases in salaries for legislators, an entirely new benefits package, and more generous expense reimbursements. Proponents claim it will make legislative service more accessible to members of the public by moving compensation more in line with median wages across the state.
Read moreClean Heat Standard (S.5) - April 18, 2023
On Tuesday, Representative Sibilia gave the Committee the history leading up to the S.5.
- In 2016, Governor Scott joined other states in committing Vermont to meeting goals of the Paris Climate Accords.
- In 2020, Vermont passed Global Warming Solutions Act (GWSA). The GWSA sets the mandates for greenhouse gas reductions, established the Climate Council to come up with the Climate Action Plan (CAP). The Clean Heat Standard (CHS) is the primary thermal sector solution for the CAP.
Sibilia claimed that Vermonters wanted them to act on climate, citing a poll that says 76% support climate action.
Read moreGreen Mountain Care Board Budget - April 12, 2023
Robin Lunge and Jessica Holmes, members of the Green Mountain Care Board (GMCB) presented the history and overview of the GMCB to the House Appropriations Committee on Wednesday. Holmes introduced herself stating that she is an economist and has been a member of the Board for eight years. She explained how the uniqueness of health care justifies the extensive government oversight through laws and regulations. In most markets, transactions involve only a buyer and seller, but in health care there is the presence of third parties, including insurers as well as the role of government.
Read moreProperty Valuation & Reappraisals (H.480) - March 22, 2023
The House Appropriations Committee met to review H.480 on Wednesday. The bill proposes to remove municipalities from the property reappraisal process and require instead that the Division of Property Valuation and Review within the Department of Taxes conduct full and statistical reappraisals on behalf of all municipalities in the State.
Read moreWorkforce Development (H.484) - March 21, 2023
The workforce development bill, H.484, was presented to House Appropriations Committee on Tuesday. The makes several appropriations for programs that educate, train, and help businesses hire and retain workers. It also includes appropriations for forgivable loan programs, scholarships, degree and certification programs, assistance to businesses and other miscellaneous proposals to enhance workforce and economic development opportunities in the state.
Read moreVermont State Colleges Funding
The House Appropriations Committee reviewed the FY2024 budget for the Vermont State Colleges (VSC) on Tuesday. Representatives from VSC shared that in 2020 the state asked them to close down three of their campuses to address a structural deficit of $25M per year. In response, they formed a committee and created a plan to reduce the operating deficit by $5M/year for five years.
Read moreVermont Pension Investment Committee
Eric Henry, the CFO of the Vermont Pension Investment Commission (VPIC) joined the House Appropriations Committee on Tuesday. He highlighted that it's important for them to be separate from the Treasurer's office to provide more transparency.
Read moreHouse Appropriations Review of Green Mountain Care Board
The Green Mountain Care Board (GMCB) met with the House Appropriations Committee on Tuesday to present their budget for 2024. The new Chairman, Owen Foster, introduced the current Board, which includes Jessica Holmes, Robin Lunge, David Murman, Thom Walsh, and Susan Barrett.
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