IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 08 Jun 2017 | Removal date: open ended
Still in force

Tax or social insurance relief

On June 8, 2017 the governor of Vermont signed into law a bill (S.135) that creates the Vermont Employment Growth Incentive Program. This program provides for awards of up to $1.5 million in tax-credit incentives to qualifying businesses. Among the criteria that the law establishes reads as follows: “If the business proposes to expand within a limited local market, an incentive would not give the business an unfair competitive advantage over other Vermont businesses in the same or similar line of business and in the same limited local market.”

AFFECTED COUNTRIES

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