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House Commerce Committee signals concurrence with Senate amendments to H.398, clarifies disaster loan language
Summary
The Vermont House Committee on Commerce and Economics and Ethics reviewed Senate amendments to H.398 on April 24, and a straw poll showed the committee will likely concur with the changes when the measure returns for action.
The Vermont House Committee on Commerce and Economics and Ethics reviewed Senate amendments to H.398 on April 24, and a straw poll showed the committee will likely concur with the changes when the measure returns for action.
Legislative counsel Cameron Wood told the committee the amendment makes several clarifying edits to the bill the House previously passed. He said the bill moves the Vermont sustainable job strategy into statute and creates a disaster revolving fund seeded with $2,000,000 from the Agency of Commerce and Community Development to provide funds for businesses or agricultural enterprises after disasters.
Wood said one technical change replaces the phrase "state projects" with "authority projects"…
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