Current News
by tim
Vermont Business Magazine Governor Phil Scott today announced that the Department of Financial Regulation (DFR) has released 443,070 pages of records related to the EB-5 and Jay Peak fraud, which occurred between 2008-2016. These newly-released documents are available for download at eb5.vermont.gov/public-records. Additionally, approximately 250,000 more pages of DFR records will be released and made available on the EB-5 website in the coming weeks.
by Brandon
Vermont Business Magazine The leaders of the Distributed Ledger Governance Association (DLGA), have announced the founding members and partners of the DLGA to help drive commercialization of blockchain applications and work with the various State of Vermont agencies to explore the productive uses of distributed ledgers in Vermont business and government.
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by John Pelletier, Director of the Center for Financial Literacy at Champlain College For several years now, there has been discussion regarding the impact of the migration of Vermont’s citizens to other states on Vermont’s tax revenues. For the most part, we have been reassured that nearly as many taxpayers leave Vermont as relocate here. And we have been told that the dollars involved are about the same especially for high income individuals. So, it looks like we have nothing to worry about. Or do we?
by tim
Vermont Business Magazine Senator Bernie Sanders (I-Vermont) and House Majority Whip James E. Clyburn (D-SC) announced legislation Thursday to extend and expand funding for community health centers and the National Health Service Corps. If Congress doesn’t act by September 30th, community health centers will lose the federal funding they need to keep their doors open. Community health centers provide high-quality primary medical, dental, mental health care, substance use disorder treatment, and low-cost prescription drugs to 28 million people in 11,000 communities in every state in the country.
Sanders and Clyburn’s bill would allow 5.4 million more Americans to receive the primary care they need. The National Health Service Corps provides scholarships and loan-repayment to over 10,000 clinicians each year working in underserved communities, often in health centers.
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Vermont Business Magazine Every year, Vermonters throw away 200 million pounds of food and yard debris that could have been composted instead. This unnecessary waste adds up at landfills, contributing to massive greenhouse gas emissions. At the 2019 Vermont Organics Recycling Summit on April 11 in Randolph, leaders and learners from across the state will come together to discuss creative ways to keep food scraps and other organics out of the trash and to transform them into valuable products. The summit, organized by the Composting Association of Vermont (CAV) and the Vermont Agency of Natural Resources, is open to all.
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Vermont Business Magazine After a decade operating some of its summer Language Schools at Mills College in Oakland, CA, Middlebury will consolidate all 11 of its schools in Vermont beginning with the 2020 summer session. The change was made possible by a new agreement between Middlebury and Bennington College, which will host several of the Middlebury Language Schools starting next year. Middlebury President Laurie Patton and Bennington College President Mariko Silver announced the agreement today on the Bennington campus.
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Vermont Business Magazine Arthur Mathisen, President and CEO of Copley Health Systems, Inc has announced plans to leave Copley, after three years of service with the hospital. Mathisen will be pursuing a new career as the President of Memorial Hospital in North Conway, New Hampshire, a member of MaineHealth. Like Copley, Memorial is a Critical Access Hospital, and Mathisen should be well prepared to handle the challenges of delivering health care in a rural New England community.
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by Matt Cota, VFDA Executive Director At 5:30 pm on Tuesday evening, the Vermont House voted in favor of doubling the current Fuel Tax on heating oil, kerosene, dyed diesel and propane. The vote on the legislation (H.439) was approved 81 to 60. How did my lawmaker vote? So what comes next? A decision on exemptions. Non-profits such as hospitals and churches are currently exempt from the tax, as are state and municipal governments. A separate piece of legislation in the House (H.541) would eliminate all exemptions from the Fuel Tax.
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Vermont Business Magazine The Vermont House of Representatives gave preliminary approval today to H.531, the Child Care Bill ($10.5 million) and H.513, the Broadband Expansion Bill ($1.5 million). The Child Care Bill received preliminary approval Tuesday on a voice vote.
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by Samantha Sheehan, Communications Manager for Vermont Businesses for Social Responsibility The creation of a universal Paid Family Medical Leave system in Vermont would give security to workers who require time off to recover from an illness or welcome a new child, and to businesses who rely on qualified and experienced employees. This is a common-sense business-friendly solution that will strengthen our local labor force.
Universal Paid Family Medical Leave helps employers by providing predictable employment conditions, and is a critical tool for recruiting and retaining high-quality workers of all ages. In states that have passed Universal Paid Family Medical Leave, studies show a decrease in both employee turnover rates and average per worker payroll expenses.
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Vermont Business Magazine Fermentation, cheese, bread, mushrooms and more are on the menu at the School of the New American Farmstead (SNAF) at Sterling College this summer. The Summer 2019 season kicks off with two natural cheesemaking courses, Raw Milk Cheeses and Specialty Goat & Sheep Cheeses, with the world-renowned cheesemaker David Asher. In June, New York Times bestseller author Sandor Katz returns for his third season to teach his trademark course, The Art of Fermentation. Tradd Cotter will also return to teach his ever-popular course in Organic Mushroom Farming & Mycoremediation.
As part of a partnership with the Cellars at Jasper Hill, the School will also offer a unique intensive training in Affinage: The Art of Ripening Cheese with Eric Meredith. For those interested in stretching their taste buds, the School of the New American Farmstead will also offer two courses at Brunnenburg Castle & Agricultural Museum in the Italian Alps.
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Hickok & Boardman Financial Planning & HR Intelligence, Johnson Lambert LLP and Edward Jones top lists
Vermont Business Magazine and the Vermont Chamber of Commerce announced the ranking of the top 50 Best Places to Work in Vermont 2019 Tuesday evening at a sold-out awards ceremony at the DoubleTree by Hilton Burlington with over 500 attendees. These companies had the honor of saying they are a Best Place to Work in Vermont.