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Witness Urges Vermont to End VEGI Sunset, Backing S.225
Summary
Frank Coffey of the Greater Burlington Industrial Corporation told a Senate committee that the Vermont Employment Growth Incentive (VEGI) is a revenue-positive program that spurs capital investment and jobs, and he urged passage of S.225 to remove the program’s periodic sunset.
Frank Coffey, a representative of the Greater Burlington Industrial Corporation, told a Senate committee the Vermont Employment Growth Incentive (VEGI) has driven capital investment and job growth and should remain a permanent tool. "We very much need economic incentives," Coffey said, urging lawmakers to approve S.225 to remove the program’s sunset and eliminate the biennial uncertainty for employers.
Coff…
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