- Governor Phil Scott Signs Bill to Grow Vermont’s Financial Services Industry
Vermont furthered itself as the gold standard for financial services and insurance industries with the signing of H.719 into law on Thursday, May 17. This legislation allows for the creation of an "affiliate reinsurance company" and allows for a more favorable reinsurance alternative for U.S. companies who conduct business offshore.
- Department of Defense Office of Economic Adjustment Grant of $1.5M Awarded to New England States for Regional Defense Industry Collaboration
The states of Vermont, Connecticut, Maine, Massachusetts, New Hampshire and Rhode Island have received a joint grant of $1.5 million from the U.S. Department of Defense's Office of Economic Adjustment (OEA) to create an organization called the New England Regional Defense Industry Collaboration.
- Oliver Olsen Appointed to the State Board of Education
Governor Phil Scott has appointed former Independent State Representative Oliver Olsen of Londonderry to the Vermont State Board of Education.