House Commerce - 2026-02-13 - 1:05PM

Vermont House Committee of Commerce & Economic Development · February 13, 2026

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Opening and agenda

Presentation

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Chair opens the committee, states date/time and announces the primary agenda: review of draft H.385, an act providing remedies and protections for victims of coerced debt. Legislative counsel Maria is introduced as the first presenter.

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The Vermont House Committee on Commerce & Economic Development heard testimony and stakeholder feedback on H.385, a bill creating remedies for victims of coerced debt. Advocates urged a creditor-review-with-court-backstop approach (option 1); banks and credit unions raised fraud, operational and retroactivity concerns and asked for clearer evidentiary thresholds and mechanisms to pursue perpetrators.

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Transcript

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