Good Afternoon –
The Vermont Chamber is urging the Legislature to strike a balance between spending on new programs and taxing capacity. Advocacy on the unreasonable expectation that Vermonters can support every major new tax increase proposed by the Legislature this year is working. The Legislature has recognized that passing both childcare and paid family and medical leave this year is not feasible and has decided to stop pursuing the latter and focus instead on advancing childcare alone. We look forward to seeing the rollout of the Governor’s Vermont Voluntary Paid Family and Medical Leave Insurance plan that will begin on July 1, 2023, for State of Vermont employees and be available to Vermont employers in 2024.
Adjournment is scheduled for next Friday, May 12. However, it remains unclear if the Legislature will meet its own deadline. Looming over the final days of the session is the pending veto session which is set for June 20.
As always, the Vermont Chamber advocacy team can be reached at govaffairs@vtchamber.com.
Sincerely,
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