H.398 (Act 26)
An act relating to the Vermont Economic Development Authority
- Sponsor(s)
-
- Rep. Michael Marcotte
- Additional Sponsors
- Rep. Edye Graning
- Rep. Monique Priestley
- Last Recorded Action
- Senate 5/22/2025 - House message: Governor approved bill on May 21, 2025Opens in a new window
Bill/Resolution Text
- Other Text
-
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An act relating to the Vermont Economic Development Authority
Detailed Status
Regular Session 2025-2026
| Expand row | Body | Date | Journal | Calendar | Location | Full Status |
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An act relating to the Vermont Economic Development Authority
Roll Call History
Regular Session 2025-2026
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Although procedurally bills and resolutions are assigned to only one committee at a time, other committees may review the bill or resolution. This page contains results from both the assigned committee as well as other committees.
An act relating to the Vermont Economic Development Authority
Committee Meetings
Regular Session 2025-2026
| Meeting Date | Committee | Actions |
|---|
An act relating to the Vermont Economic Development Authority
Meeting Full List
Regular Session 2025-2026
Wednesday, February 26, 2025
- Committee(s):
- House Committee on Commerce and Economic Development,
- 2:00 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Walk-through
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Cassie Polhemus, Chief Executive Officer, Vermont Economic Development Authority
Jennifer Emens-Butler, General Counsel & Director of Closing, Vermont Economic Development Authority
- 3:50 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Megan Sullivan, Vice President of Government Affairs, Vermont Chamber of Commerce
Thursday, February 27, 2025
- Committee(s):
- House Committee on Commerce and Economic Development,
- 1:00 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Cassie Polhemus, Chief Executive Officer, Vermont Economic Development Authority
Jennifer Emens-Butler, General Counsel & Director of Closing, Vermont Economic Development Authority
Maura Collins, Executive Director, Vermont Housing Finance Agency
Michael Pieciak, Vermont State Treasurer, Office of the State Treasurer
Lindsay Kurrle, Secretary, Agency of Commerce and Community Development
Friday, February 28, 2025
- Committee(s):
- House Committee on Commerce and Economic Development,
- 11:00 AM
-
H.398 - An act relating to the Vermont Economic Development Authority
Chris D'Elia, President, Vermont Bankers' Association
Wednesday, March 12, 2025
- Committee(s):
- House Committee on Commerce and Economic Development,
- 9:00 AM
-
H.398 - An act relating to the Vermont Economic Development Authority
Mark-up and Possible Vote
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Cassie Polhemus, Chief Executive Officer, Vermont Economic Development Authority
Lindsay Kurrle, Secretary, Agency of Commerce and Community Development
Jeremiah Breer, Chief Financial Officer, Office of the State Treasurer
Ashlynn Doyon, Director of Policy, Office of the State Treasurer
- 10 Minutes After the Floor
-
H.398 - An act relating to the Vermont Economic Development Authority
Vote
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Monday, March 17, 2025
- Committee(s):
- House Committee on Appropriations,
- 1:00 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Walk through and committee amendment
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Chris Rupe, Associate Fiscal Officer, Joint Fiscal Office
Rep. Edye Graning, Reporter, House Committee on Commerce and Economic Development
Rep. Emily Carris Duncan, Reporter, House Committee on Commerce and Economic Development
Tuesday, March 18, 2025
- Committee(s):
- House Committee on Appropriations,
- 10:00 AM
-
H.398 - An act relating to the Vermont Economic Development Authority
Committee vote
Tuesday, March 18, 2025
- Committee(s):
- House Committee on Agriculture, Food Resiliency, and Forestry,
- 3:35 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Review
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Rep. Emily Carris Duncan, Reporter
Thursday, March 20, 2025
- Committee(s):
- House Committee on Commerce and Economic Development,
- 12:05 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Discussion on House Appropriations Amendment and Straw-poll Vote
Rep. Thomas Stevens, Reporter, House Committee on Appropriations
Rep. Emily Carris Duncan, Reporter, House Committee on Commerce and Economic Development
Friday, March 28, 2025
- Committee(s):
- Senate Committee on Finance,
- 2:20 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Walk-through
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Chris Rupe, Associate Fiscal Officer, Joint Fiscal Office
Wednesday, April 2, 2025
- Committee(s):
- Senate Committee on Finance,
- 2:45 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Testimony
Cassie Polhemus, Chief Executive Officer, Vermont Economic Development Authority
Jennifer Emmons-Butler, Vermont Economic Development Authority
Tuesday, April 8, 2025
- Committee(s):
- Senate Committee on Finance,
- -
-
H.398 - An act relating to the Vermont Economic Development Authority
Committee Discussion
Wednesday, April 9, 2025
- Committee(s):
- Senate Committee on Finance,
- -
-
H.398 - An act relating to the Vermont Economic Development Authority
Vote
Wednesday, April 16, 2025
- Committee(s):
- Senate Committee on Appropriations,
- 2:00 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Walk-Through and Vote
Rep. Michael Marcotte, Sponsor, House Committee on Commerce and Economic Development
Chris Rupe, Associate Fiscal Officer, Joint Fiscal Office
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Friday, April 18, 2025
- Committee(s):
- Senate Committee on Finance,
- 1:00 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Committee Discussion- Possible floor amendment
Thursday, April 24, 2025
- Committee(s):
- House Committee on Commerce and Economic Development,
- 9:00 AM
-
H.398 - An act relating to the Vermont Economic Development Authority
Senate Proposal of Amendment Walk-through and Straw-poll Vote
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Tuesday, April 29, 2025
- Committee(s):
- House Committee on Commerce and Economic Development,
- 9:00 AM
-
H.398 - An act relating to the Vermont Economic Development Authority
Senate Proposal of Amendment Walk-through and Straw-poll Vote
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Thursday, May 1, 2025
- Committee(s):
- Senate Committee on Finance,
- 3:00 PM
-
H.398 - An act relating to the Vermont Economic Development Authority
Proposed Amendment
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Thursday, May 8, 2025
- Committee(s):
- House Committee on Commerce and Economic Development,
- -
-
H.398 - An act relating to the Vermont Economic Development Authority
Walk-through of Senate Proposal of Amendment
Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Friday, May 9, 2025
- Committee(s):
- House Committee on Commerce and Economic Development,
- 9:00 AM
-
H.398 - An act relating to the Vermont Economic Development Authority
Discussion and Straw-poll Vote on Senate Proposal of Amendment
Committee Documents
- House Committee on Agriculture, Food Resiliency, and ForestryOpens in a new window
- House Committee on AppropriationsOpens in a new window
- House Committee on Commerce and Economic DevelopmentOpens in a new window
- Senate Committee on AppropriationsOpens in a new window
- Senate Committee on FinanceOpens in a new window
An act relating to the Vermont Economic Development Authority
Witnesses Who Testified
Regular Session 2025-2026
House Committee on Agriculture, Food Resiliency, and Forestry
- Rep. Emily Carris Duncan, Reporter
- Cameron Wood, Legislative Counsel, Office of Legislative Counsel
House Committee on Appropriations
- Rep. Emily Carris Duncan, Reporter, House Committee on Commerce and Economic Development
- Rep. Edye Graning, Reporter, House Committee on Commerce and Economic Development
- Chris Rupe, Associate Fiscal Officer, Joint Fiscal Office
- Cameron Wood, Legislative Counsel, Office of Legislative Counsel
House Committee on Commerce and Economic Development
- Jeremiah Breer, Chief Financial Officer, Office of the State Treasurer
- Rep. Emily Carris Duncan, Reporter, House Committee on Commerce and Economic Development
- Maura Collins, Executive Director, Vermont Housing Finance Agency
- Chris D'Elia, President, Vermont Bankers' Association
- Ashlynn Doyon, Director of Policy, Office of the State Treasurer
- Jennifer Emens-Butler, General Counsel & Director of Closing, Vermont Economic Development Authority
- Lindsay Kurrle, Secretary, Agency of Commerce and Community Development
- Michael Pieciak, Vermont State Treasurer, Office of the State Treasurer
- Cassie Polhemus, Chief Executive Officer, Vermont Economic Development Authority
- Rep. Thomas Stevens, Reporter, House Committee on Appropriations
- Megan Sullivan, Vice President of Government Affairs, Vermont Chamber of Commerce
- Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Senate Committee on Appropriations
- Rep. Michael Marcotte, Sponsor, House Committee on Commerce and Economic Development
- Chris Rupe, Associate Fiscal Officer, Joint Fiscal Office
- Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Senate Committee on Finance
- Jennifer Emmons-Butler, Vermont Economic Development Authority
- Cassie Polhemus, Chief Executive Officer, Vermont Economic Development Authority
- Chris Rupe, Associate Fiscal Officer, Joint Fiscal Office
- Cameron Wood, Legislative Counsel, Office of Legislative Counsel
Fiscal notes and materials available on this web page are provided for informational purposes only, and may not comprise all materials received by the Vermont Legislature or the final fiscal information related to a specific bill. The Legislature is not responsible for the accuracy of any information in these materials, and their posting does not constitute approval or endorsement by the Legislature.
Fiscal Information
Fiscal Notes and Related Documents
- H.398 (Act 26) – An act relating to the Vermont Economic Development Authority, As EnactedOpens in a new window
- H.398 – An act relating to the Vermont Economic Development Authority, As passed by the General AssemblyOpens in a new window
- H.398 – An act relating to the Vermont Economic Development Authority, As passed by the SenatOpens in a new window
- H.398 – An act relating to the Vermont Economic Development Authority, As passed by the HouseOpens in a new window
- H.398 – An act relating to the Vermont Economic Development Authority, As recommended by the House Committee on AppropriationsOpens in a new window
- H.398 – An act relating to the Vermont Economic Development Authority, As recommended by the House Committee on Commerce and Economic Development, Draft 1.2Opens in a new window
No committee of conference members found for H.398 in the Regular Session 2025-2026.
An act relating to the Vermont Economic Development Authority
Committee of Conference Meetings
Regular Session 2025-2026
| Meeting Date | Committee | Time | Actions |
|---|
An act relating to the Vermont Economic Development Authority
Committee of Conference Meeting Full List
Regular Session 2025-2026
No committee of conference meeting history found for H.398 in the Regular Session 2025-2026.
No committee of conference report found for H.398 in the Regular Session 2025-2026.
Act
An act relating to the Vermont Economic Development Authority
Statutes Affected
Regular Session 2025-2026
| Statute |
|---|
| 10 V.S.A. § 212. Definitions |
| 10 V.S.A. § 213. Authority; organization |
| 10 V.S.A. § 214. Members; disqualification |
| 10 V.S.A. § 215. Manager; duties |
| 10 V.S.A. § 216. Authority; general powers |
| 10 V.S.A. § 217. Records; annual report; audit |
| 10 V.S.A. § 217a. Application |
| 10 V.S.A. § 220a. The Vermont Jobs Fund |
| 10 V.S.A. § 231. Assistance to local development corporations |
| 10 V.S.A. § 234. Redesignated. 2025, No. 26, § 2, eff. July 1, 2025. |
| 10 V.S.A. § 244. Bonds |
| 10 V.S.A. § 253. Authority projects |
| 10 V.S.A. § 254. Authority bonds |
| 10 V.S.A. § 261. Additional powers |
| 10 V.S.A. § 262. Findings |
| 10 V.S.A. § 263. Loan; limitations |
| 10 V.S.A. § 264. Accelerated repayment provisions |
| 10 V.S.A. § 279c. Vermont Export Finance Program |
| 10 V.S.A. § 280a. Eligible projects; authorized financing programs |
| 10 V.S.A. § 280b. The Vermont sustainable jobs strategy |
| 10 V.S.A. § 280gg. Disaster Recovery Loan Fund |
Staff & Other Information
- Cameron Wood, Legislative Counsel