Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
DFR outlines restitution payments, grant round from enforcement special fund
Summary
At a Feb. 9 hearing, the Department of Financial Regulation told the House Appropriations Committee it has disbursed about $400,000 in restitution from enforcement actions and ran a grant program with nine applicants to use funds for consumer outreach and education; the department reported roughly $500,000 remaining in the special fund.
During the House Appropriations Committee session on Feb. 9, Department of Financial Regulation Commissioner Kai Sampson described the department's enforcement restitution and educational grant activity.
Sampson said the agency has used enforcement authority to order restitution and collect fines and penalties, and "we've given, I think, about $400,000" in restitution to impacted Vermonters. He said the law allows the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
