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VT HCR134

VT HCR134
House concurrent resolution honoring Cassandra Polhemus for her exemplary leadership of the Vermont Economic Development Authority


summary

Introduced
05/08/2025
In Committee
Crossed Over
05/09/2025
Passed
05/09/2025
Dead
Signed/Enacted/Adopted
05/09/2025

Introduced Session

2025-2026 Session

Bill Summary

House concurrent resolution honoring Cassandra Polhemus for her exemplary leadership of the Vermont Economic Development Authority. (H.C.R.134) Offered by Representatives Marcotte of Coventry, Durfee of Shaftsbury, Bos-Lun of Westminster, Bosch of Clarendon, Boutin of Barre City, Carris-Duncan of Whitingham, Cooper of Pownal, Duke of Burlington, Graning of Jericho, Lipsky of Stowe, Micklus of Milton, Morgan, L. of Milton, Nelson of Derby, O'Brien of Tunbridge, Olson of Starksboro, Priestley of Bradford, and White of Bethel

AI Summary

This concurrent resolution honors Cassandra (Cassie) Polhemus for her outstanding leadership of the Vermont Economic Development Authority (VEDA), a state organization established in 1974 to support business financing and job creation. The resolution highlights Polhemus's career trajectory, from joining VEDA in 2013 as a commercial lender to becoming CEO in 2019, during which time she significantly expanded the organization's lending commitments from $2.5 to $2.8 billion. The resolution particularly emphasizes her exceptional leadership during the COVID-19 pandemic, during which she helped facilitate 1,040 Paycheck Protection Program loans worth $45.4 million, launched a $2.3 million farm operating loan program, and helped over 200 small businesses and farmers recover financially through various loan initiatives. Notably, Polhemus was awarded the federal Small Business Administration's Financial Services Champion Award in 2025 and is concluding her VEDA leadership role on June 30. The resolution formally honors her contributions and directs the Secretary of State to send her a copy of the resolution as a formal recognition of her exemplary service.

Sponsors (17)

Last Action

Ceremonial Reading (on 05/13/2025)

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