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Vermont committee clears S.122 after Senate removes baby-bonds sections amid data and equity concerns
Summary
The House Committee on Commerce & Economic Development approved the Senate amendment to S.122 after the Senate deleted sections relating to a baby-bonds pilot, citing limited geographic scope, long time horizons, administrative questions and lack of data; lawmakers said the policy will be revisited next year.
The Vermont House Committee on Commerce & Economic Development approved the Senateamendment to S.122 on May 30, 2025, after the Senate removed three sections of the bill that would have created a "baby bonds" pilot program.
Senator Randy Brock, representing the Senate Committee on Economic Development, Housing and General Affairs, told the House committee the Senatedeleted sections 8, 9 and 10 because members raised multiple concerns and felt there was insufficient time to resolve them. "The more we discussed the more concerns erupted," Brock said, adding the change was made so the policy could be debated further and likely returned to the Legislature next year.
The Senate amendment removed provisions…
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