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VT S0078

VT S0078
An act relating to the creation of the Vermont-Ireland Trade Commission


summary

Introduced
02/19/2025
In Committee
02/19/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

This bill proposes to create the Vermont-Ireland Trade Commission to advance bilateral trade, investment, and cultural exchange between Vermont and Ireland.

AI Summary

This bill establishes the Vermont-Ireland Trade Commission, a 10-member body housed within the State Treasurer's office, designed to enhance bilateral relations between Vermont and Ireland. The Commission will be composed of three members appointed by the Governor, three by the Speaker of the House, three by the Senate Committee on Committees, and the State Treasurer or their designee. The commission's primary purposes include advancing trade and investment, initiating joint policy actions, promoting business and academic exchanges, encouraging economic support and infrastructure investment, and addressing other mutually beneficial issues. Members will serve four-year staggered terms and are eligible for reappointment, with initial appointments to be made by October 1, 2025. The Commission is authorized to raise funds through donations and grants to support its administrative expenses, though members will not receive compensation for their service. The Commission is required to submit annual reports to the Governor and General Assembly, and the commission will automatically be repealed on June 30, 2030, providing a sunset provision for this initiative. The bill will take effect on July 1, 2025, allowing time for initial organization and appointments.

Committee Categories

Housing and Urban Affairs

Sponsors (19)

Last Action

Read 1st time & referred to Committee on Economic Development, Housing and General Affairs (on 02/19/2025)

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