House Commerce - 2026-02-05 - 2:10PM

House Commerce & Economic Development · February 6, 2026

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Opening and agenda

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Meeting called to order and chair/organizers announce the committee is taking up H.385, "an act relating to remedies and protections for victims of coerced debt," and that Christopher Curtis from the Attorney General's office will testify first due to time constraints.

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Speakers:Unidentified Speaker

Committee considered H.385, a proposed Vermont law creating remedies and protections for victims of coerced debt; testimony focused on confidentiality, documentation standards, creditor obligations (10-business-day halt; 30-day review), rulemaking authority, model form development by the Department of Financial Regulation, and stakeholder concerns from bankers, AARP and survivors.

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Transcript

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