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S 327·VT·senate

An act relating to economic development

Signed into LawFiled Jan 30, 2026
Sponsor: Senate Committee on Economic Development, Housing and General Affairs
Latest Action

Senate Message: Signed by Governor June 8, 2026

May 29, 2026

Summary

S.327 raises the annual cap on the Vermont Downtown and Village Center Tax Credit to $5 million and earmarks nearly $5 million for legal aid, advising, micro‑business support, outdoor‑recreation research, international trade, and brownfields remediation. It also establishes a Business Development Task Force to study resources, capital access, and succession planning for Vermont firms. The measure repeals a pending repeal of the Vermont Employment Growth Incentive program, keeping that incentive tool in place.

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