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Legislative Roundup for Agriculture | Vermont Business Magazine


The Northeast State Foresters Association recently released five new comprehensive reports on wood markets in the Northeast, detailing strategies for market retention and opportunities for growth. A summary of the reports findings was provided in a recent webinar hosted by the lead researchers. Additionally, two free mobile apps designed to help Vermont loggers and sawmills enhance their business operations were recently released: LoginVT for logging businesses and iSawVT for sawmill businesses.
VHCB’s Farm & Forest Viability Program will be offering coaching services to Vermont’s farm, food, and forest products businesses to navigate the ongoing impacts of the pandemic, including helping with pandemic relief grants. Eligible business owners who are interested in receiving support should complete a brief application to be matched with an advisor who can provide support with topics like: navigating federal & state relief programs, financial and cash flow planning, s ....

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2021 Final Vermont Legislative Update - May 2021 | Downs Rachlin Martin PLLC


Business
The unemployment bill formerly known as S.10 – Business owners had their most challenging year in memory. Many hoped that the legislature, knowing this, would have sought to offset their challenges. Unfortunately leveling unemployment tax rates was considered by some to be too much help.
One of the most contentious negotiations of the session centered on the formula that determines the Unemployment Insurance Trust Fund balance. Recent years unemployment rates are entered into the calculation, and many experts felt that 2020 was an anomaly and should be removed from the formula given the pandemic. Without 2020 in the equation, the balance required would be $600 million, and with 2020 it would be $1 billion (by all accounts too much). ....

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