Senate Committee on Finance (Room 6)

The Senate Committee on Finance has jurisdiction over matters affecting the revenues of the State or its instrumentalities and relating to banks; trust companies; insurance; utility companies; and private and quasi-public corporations, including other companies subject to regulation by the Public Service Board.

Print

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Friday, January 10, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

11:30 AM

Senate Floor

-

Lunch

1:00 PM

Education Finance System

Joint Hearing with House Ways and Means
Pavilion, Room 267. This meeting will be streamed on the House Ways and Means Youtube channel https://www.youtube.com/channel/UC1akzzVH35AlFalPl5LmYfQ/featured

• Jon Gray, Legislative Counsel, Office of Legislative Counsel
  
• Julia Richter, Senior Fiscal Analyst, Joint Fiscal Office
  

2:30 PM

New Committee Member Welcome

3:30 PM

Adjourn

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Tuesday, January 14, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

9:30 AM

Senate Floor

10:00 AM

Sexual Harassment Prevention Training

Senate Chamber

12:00 AM

Lunch

1:30 PM

Committee Discussion and Planning

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Wednesday, January 15, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Education Funding

Joint hearing with Senate Education and House Education. Hearing will be hosted in room 11 and livestreamed on the House Education channel at https://www.youtube.com/channel/UCbp_aMi8_P8GgvRGsShRdUA/featured

• Craig Bolio, Commissioner, Department of Taxes
  
• Jill Briggs Campbell, Interim Deputy Secretary, Agency of Education
  
• Zoie Saunders, Secretary, Agency of Education
  

After Meeting

Committee Discussion

Distribution of appointments to members

3:00 PM

Emergency Board Consensus Revenue Forecast

3:45 PM

Adjourn

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Thursday, January 16, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Education Foundation Formula

Joint hearing with House Ways and Means, Senate Education and Senate Finance. Hearing will be hosted in Room 267 in the Pavilion and livestreamed on the House Education YouTube Channel.

• Craig Bolio, Commissioner, Department of Taxes
  
• Amanda Brown, President, APA Consulting
  
• Jill Briggs Campbell, Director of Operations, Agency of Education
  
• Zoie Saunders, Secretary, Agency of Education
  
• Justin Silverstein, Co-CEO, APA Consulting
  

After Meeting

Committee Discussion

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Friday, January 17, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

11:30 AM

Senate Floor

12:00 PM

Lunch

1:30 PM

Status update on Insurance

• Emily Brown, Deputy Commissioner of Insurance, Department of Financial Regulation
  

2:00 PM

Hearing on Governor's Appointment

• Kerrick Johnson, Commissioner, Department of Public Service
  

2:30 PM

Health Care Systems 101

• Nolan Langweil, Principal Fiscal Analyst, Joint Fiscal Office
  

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Tuesday, January 21, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

9:30 AM

Senate Floor

Followed by Anti Discrimination Training

1:30 PM

Health Care Overview

• Brendan Krause, Director of Health Care Reform, AHS
  
• Robin Lunge, Board Member, Green Mountain Care Board
  

2:45 PM

Health Insurance Landscape

• Jordan Estey, V.P. Government Affairs, MVP Health Care
  
• Mike Fisher, Chief Health Care Advocate, Vermont Legal Aid
  
• Sara Teachout, Director, Government, Public and Media Relations, Blue Cross Blue Shield of Vermont
  

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Wednesday, January 22, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Captive Insurance Day

• Kevin Mead, President, Vermont Captive Insurance Association
  
• Melinda Young, Vice President, Risk Management, Alberici Group
  

2:00 PM

Appointment Public Comment

• Stephen Whitaker, Concerned Citizen, Montpelier
  

2:45 PM

Possible Vote

Committee Discussion

3:00 PM

Emergency Board Consensus Forecast Presentation

• Tom Kavet, Legislative Economist, Kavet, Rockler & Associates, LLC
  

3:45 PM

All Legislative Briefing in the House Chamber

House Chamber

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Thursday, January 23, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Education Presentation

• Meagan Roy, Chair, Commission on the Future of Public Education in Vermont
  

2:45 PM

Property Valuation Overview

• Jake Feldman, Senior Fiscal Analyst, Department of Taxes
  
• Jill Remick, Director of Property Valuation and Review, Department of Taxes
  

3:15 PM

Break

3:30 PM

Education Transformation Policy Package

• Craig Bolio, Commissioner, Department of Taxes
  
• Jill Briggs Campbell, Interim Deputy Secretary, Agency of Education
  
• Amanda Brown, President, APA Consulting
  

4:25 PM

Possible Vote

Committee Discussion

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Friday, January 24, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:30 PM

Status of the Ed Fund

• Julia Richter, Senior Fiscal Analyst, Joint Fiscal Office
  

2:45 PM

Property Tax Credit Asset Declaration

• Jake Feldman, Senior Fiscal Analyst, Department of Taxes
  

3:30 PM

Adjourn

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Tuesday, January 28, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

9:30 AM

Senate Floor

1:00 PM

Governor's 2026 Budget Address

Joint assembly in House Chamber to receive budget address

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Wednesday, January 29, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Communications Union Districts (CUDs) Status

• Ellie de Villiers, President, Vermont Communications Union Districts Association
  
• F.X. Finn, Chair, ECFiber
  
• Christa Shute, Executive Director, NEK Broadband
  

2:00 PM

Vermont Community Broadband

• Christine Hallquist, Executive Director, Vermont Community Broadband Board
  

2:30 PM

Break

2:45 PM

Tax Credit Implications

• Craig Bolio, Commissioner, Department of Taxes
  

3:30 PM

Committee Discussion and Planning

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Thursday, January 30, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Education Transformation Funding

Joint hearing with Senate Education Committee. The hearing will be hosted in room 267 of the Pavilion Building and hosted on the Senate Education Youtube channel https://www.youtube.com/channel/UCCqbdxuI5VHDzweC_ilzxFw/featured

• Amanda Brown, President, APA Consulting
  
• Jill Briggs Campbell, Director of Operations, Agency of Education
  
• Zoie Saunders, Secretary, Agency of Education
  
• Justin Silverstein, Co-CEO, APA Consulting
  

3:15 PM

Committee Discussion

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Friday, January 31, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

11:30 AM

Senate Floor

1:30 PM

Vermont Superintendents Association

• Libby Bonesteel, Superintendent
  
• Chelsea Myers, Executive Director, Vermont Superintendents Association
  

2:00 PM

Vermont National Education Association

• Jeff Fannon, Executive Director, Vermont National Education Association
  

2:30 PM

Vermont Principals' Association

• Jay Nichols, Executive Director, Vermont Principals' Association
  

3:00 PM

Vermont Association of School Business Officials

• Morgan Daybell, President, Vermont Association of School Business Officials
  

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Tuesday, February 4, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:45 PM

Property Tax Credit

Pavilion, Room 270
Joint Hearing with Senate Finance. Hearing will be livestreamed on the House Ways and Means YouTube channel https://www.youtube.com/channel/UC1akzzVH35AlFalPl5LmYfQ/featured

• Jake Feldman, Senior Fiscal Analyst, Department of Taxes
  
• Julia Richter, Senior Fiscal Analyst, Joint Fiscal Office
  
• Stephanie Yu, Executive Director, Public Assets Institute
  

3:50 PM

Committee Discussion and Planning

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Wednesday, February 5, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

S.30 - An act relating to updating and reorganizing the health insurance statutes in 8 V.S.A. chapter 107

Introduction and Overview

• Jennifer Carbee, Legislative Counsel, Office of Legislative Counsel
  

2:00 PM

Break

2:30 PM

Gubernatorial Appointee, Committee Interview

• Kerrick Johnson, Commissioner, Department of Public Service
  

2:45 PM

Committee Discussion and Planning

3:00 PM

H.35 - An act relating to unmerging the individual and small group health insurance markets

Walk Through and Testimony

• Emily Brown, Deputy Commissioner of Insurance, Department of Financial Regulation
  
• Jennifer Carbee, Legislative Counsel, Office of Legislative Counsel
  
• Mike Fisher, Chief Health Care Advocate, Vermont Legal Aid
  
• Sara Teachout, Director, Government, Public and Media Relations, Blue Cross Blue Shield of Vermont
  

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Thursday, February 6, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Foundation Formula Best Practices

Joint meeting via zoom with Senate Education. Senate Finance will host the meeting on their channel.

• Rebecca Sibilia, Executive Director, EdFund
  

2:30 PM

S.30 - An act relating to updating and reorganizing the health insurance statutes in 8 V.S.A. chapter 107

Vote

-

H.35 - An act relating to unmerging the individual and small group health insurance markets

Vote

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Friday, February 7, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:30 PM

S.31 - An act relating to a temporary suspension of the ambulance agency provider tax

Walk Through

• Jennifer Carbee, Legislative Counsel, Office of Legislative Counsel
  
• Sen. Thomas Chittenden, Sponsor, Chittenden-Southeast District
  
• Nolan Langweil, Principal Fiscal Analyst, Joint Fiscal Office
  

2:15 PM

District Grand List Analysis

• Julia Richter, Senior Fiscal Analyst, Joint Fiscal Office
  

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Tuesday, February 11, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:15 PM

School Budgets Update

Room 11
Joint hearing with House Ways and Means. Hearing will livestream on the Senate Finance YouTube channel

• Sean Cousino, Interim Chief Financial Officer, Agency of Education
  
• Julia Richter, Senior Fiscal Analyst, Joint Fiscal Office
  

2:30 PM

Education Finance

Room 11
Joint hearing with House Ways and Means. Hearing will livestream on the Senate Finance Youtube channel.

• Chris D'Elia, President, Vermont Bankers' Association
  
• Jake Feldman, Senior Fiscal Analyst, Department of Taxes
  

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Wednesday, February 12, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Foundation Formula - Best Practices

• Chris Duncombe, Principal, Education Commission of the States
  
• Joel Moore, Director of State Relations, Education Commission of the States
  

2:20 PM

Committee Discussion and Planning

2:45 PM

Break

3:00 PM

S.51 - An act relating to the Vermont unpaid caregiver tax credit

Introduction and walk-through

• Sen. Ruth Hardy, Sponsor, Addison District
  
• Kirby Keeton, Legislative Counsel, Office of Legislative Counsel
  
• Patrick Titterton, Senior Fiscal Analyst, Joint Fiscal Office
  

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Thursday, February 13, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Telecommunications Plan

Room 10
Joint meeting with House Energy and Digital Infrastructure
Hearing will livestream on the House Energy and Digital Infrastructure YouTube channel

• Alex Kelley, Director of Broadband Consulting, Rural Innovation Strategies, Inc.
  
• Hunter Thompson, Telecommunications and Connectivity Director, Department of Public Service
  

2:15 PM

School Construction Report

• Jon Gray, Legislative Counsel, Office of Legislative Counsel
  
• Sen. Martine Larocque Gulick
  
• Chris Rupe, Associate Fiscal Officer, Joint Fiscal Office
  

3:15 PM

Budget Adjustment Act

• Chris Rupe, Associate Fiscal Officer, Joint Fiscal Office
  

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Friday, February 14, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:15 PM

Education Transformation Proposal: District Budgeting

Joint hearing with House Ways and Means, Senate and House Education. Hearing will be livestreamed on the House Education YouTube channel

• Jill Briggs Campbell, Director of Operations, Agency of Education
  
• Nathan Levenson, President, New Solutions K-12
  
• Zoie Saunders, Secretary, Agency of Education
  

2:55 PM

Committee Discussion and Planning

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Tuesday, February 18, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:15 PM

Education Finance: Grand List Values

Room 11
Joint hearing with House Ways and Means. Hearing will livestream on the House Ways and Means YouTube channel. https://www.youtube.com/channel/UC1akzzVH35AlFalPl5LmYfQ/featured

• Julia Richter, Senior Fiscal Analyst, Joint Fiscal Office
  

2:45 PM

Education Finance: State Guarantee

Room 11
This is a joint meeting with House Ways and Means. The meeting will be livestreamed on the House Ways and Means YouTube channel. https://www.youtube.com/channel/UC1akzzVH35AlFalPl5LmYfQ/featured

• Jake Feldman, Senior Fiscal Analyst, Department of Taxes
  
• Rebecca Sameroff, Deputy Commissioner, Department of Taxes
  

3:50 PM

Adjourn

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Wednesday, February 19, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

S.51 - An act relating to the Vermont unpaid caregiver tax credit

• Cary Brown, Executive Director, Vermont Commission on Women
  
• Colin Hilliard, Associate State Director - Advocacy and Outreach, AARP VT
  
• Meg Polyte, Policy Director, Alzheimer's Association, Vermont Chapter
  
• Patrick Titterton, Senior Fiscal Analyst, Joint Fiscal Office
  

2:15 PM

Break

2:30 PM

S.39 - An act relating to the State Aid for School Construction Program

• Michael Gaughan, Executive Director, Vermont Bond Bank
  

3:10 PM

Committee Discussion and Planning

3:40 PM

Adjourn

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Thursday, February 20, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

10:30 AM

Joint Assembly

1:30 PM

NEK Day

• Jennifer Carlo, Executive Director, NEK Collaborative
  
• Jody Fried, Executive Director, Catamount Arts
  

2:00 PM

Education Transformation Funding Details

• Amanda Brown, President, APA Consulting
  
• Sean Cousino, Interim Chief Financial Officer, Agency of Education
  
• Rebecca Sameroff, Deputy Commissioner, Department of Taxes
  
• Zoie Saunders, Secretary, Agency of Education
  
• Justin Silverstein, Co-CEO, APA Consulting
  

3:45 PM

Committee Discussion and Planning

4:00 PM

Adjourn

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Friday, February 21, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:30 PM

Education Financing

• Libby Bonesteel, Superintendent, Montpelier Roxbury School District
  
• Morgan Daybell, Chief Financial Officer, Franklin Northeast Supervisory Union
  
• Michael Leichliter, Superintendent, Harwood Unified Union School District
  
• Chelsea Myers, Executive Director, Vermont Superintendents Association
  
• Amy Rex, Superintendent, Milton Town School District
  

3:15 PM

S.51 - An act relating to the Vermont unpaid caregiver tax credit

• Caroline Hoff, Middlebury College
  
• Rebecca Sameroff, Deputy Commissioner, Department of Taxes
  

3:40 PM

Adjourn

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Tuesday, February 25, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:15 PM

Education Finance: School Budgets Update

Room 11
Joint Hearing with House Ways and Means. Hearing will be livestreamed on the Senate Finance YouTube channel.

• Sean Cousino, Interim Chief Financial Officer, Agency of Education
  
• Julia Richter, Senior Fiscal Analyst, Joint Fiscal Office
  

2:00 PM

Education Finance: Foundation Formula

Room 11
Joint Hearing with House Ways and Means. Hearing will be livestreamed on the Senate Finance YouTube channel.

• Lawrence Picus, Professor, Picus Odden & Associates
  

4:10 PM

Adjourn

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Wednesday, February 26, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

An act relating to the State Aid for School Construction Program

Review of S.39

• Eric Lafayette, Project Manager, Energy Efficient Investments, Inc.
  

2:00 PM

Governor's Proposed Foundation Formula

• Ezra Holben, Fiscal Analyst, Joint Fiscal Office
  
• Julia Richter, Senior Fiscal Analyst, Joint Fiscal Office
  

3:20 PM

Break

3:30 PM

Committee Discussion

3:55 PM

Adjourn

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Thursday, February 27, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Income Taxes

• Patrick Titterton, Senior Fiscal Analyst, Joint Fiscal Office
  

2:50 PM

Break

3:05 PM

Income Taxes, continued

• Patrick Titterton, Senior Fiscal Analyst, Joint Fiscal Office
  

4:05 PM

Adjourn

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Friday, February 28, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:00 PM

Senate Floor

1:30 PM

Tax Proposals in the Governor's Budget

• Patrick Titterton, Senior Fiscal Analyst, Joint Fiscal Office
  

-

Committee Discussion and Planning

2:40 PM

Adjourn

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Tuesday, March 11, 2025

Meeting Details

Hearing Type

Standard

Meeting Record

1:20 PM

Introduction

Room 11
Joint Hearing with Senate Finance. Hearing will be livestreamed on the House Ways and Means YouTube channel at https://www.youtube.com/channel/UC1akzzVH35AlFalPl5LmYfQ/featured

• Bill Shouldice, Commissioner, Department of Taxes
  

1:45 PM

Education Finance: School Budgets Update

Room 11
Joint Hearing with Senate Finance. Hearing will be livestreamed on the House Ways and Means YouTube channel at https://www.youtube.com/channel/UC1akzzVH35AlFalPl5LmYfQ/featured

• Sue Ceglowski, Executive Director, Vermont School Boards Association
  
• Sean Cousino, Interim Chief Financial Officer, Agency of Education
  
• Chelsea Myers, Executive Director, Vermont Superintendents Association
  
• Julia Richter, Senior Fiscal Analyst, Joint Fiscal Office
  

2:30 PM

Report on the Future of Education in Vermont

Room 11
Joint Hearing with Senate Finance.
Hearing will be livestreamed on the House Ways and Means YouTube channel at https://www.youtube.com/channel/UC1akzzVH35AlFalPl5LmYfQ/featured

• Meagan Roy, Chair, Commission on the Future of Public Education in Vermont
  

3:40 PM

Adjourn

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