Healthcare Costs and Affordability in Vermont

Healthcare Costs Remain a Central Affordability Challenge for Vermont Employers

As lawmakers prepare for the upcoming legislative session, healthcare affordability remains one of the most significant pressures facing Vermont’s economy. At a recent Legislative All Member Healthcare Briefing, state leaders, regulators, providers, and stakeholders reviewed the current state of Vermont’s healthcare system, which now totals $2.5 billion and accounts for nearly 30 percent of the state budget when federal dollars are included.

The briefing reinforced the reality employers know well. Vermont’s healthcare system is under strain, and costs continue to rise faster than both wages and national trends. Hospitals and insurers remain financially fragile, community-based care gaps are pushing patients into higher cost emergency and inpatient settings, and access challenges persist across the state. Presenters emphasized that Vermont’s comparatively modest premium increase last year was achieved through one-time interventions, including premium buydowns, drug price caps, and budget reductions. These tools cannot be relied on again.

The Vermont Chamber presented on behalf of the business community, underscoring healthcare costs are now among the top competitiveness challenges for employers statewide. Since 2018, health insurance premiums have increased 10 to 15 percent annually, with the average silver plan rising 169 percent. These sustained increases make long term planning difficult and limit employers’ ability to invest in growth, wages, and workforce benefits.

The Chamber also highlighted that Vermont spends 19.6 percent of personal income on healthcare, the highest share in the nation. This cost burden directly affects hiring, retention, and business expansion, reinforcing concerns raised consistently by employers through the Vermont Business Climate Survey.

The following day, the Health Care Reform Oversight Committee met to examine next steps for reform. Discussions focused on regionalization and coordination as tools to reduce duplication, preserve essential services, and improve efficiency through shared purchasing, aligned clinical design, and modernized data systems. Hospitals outlined commitments to significant cost reductions by 2028 while acknowledging persistent workforce shortages and burnout that continue to challenge care delivery.

As Vermont faces impending federal subsidy changes and Medicaid eligibility shifts, there is growing consensus that incremental, structural reforms are needed to stabilize the system over time. The Vermont Chamber will remain actively engaged to ensure that healthcare reforms advance affordability and access while avoiding further cost shifts onto employers and workers who are already carrying a disproportionate share of the burden.

CONNECT WITH OUR HEALTHCARE EXPERT

Megan Sullivan

she/her

Vice President of Government Affairs

802-522-6316

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Education Property Taxes and Affordability in Vermont

Education Property Taxes and Vermont’s Affordability Challenge

Vermont’s education property taxes are projected to rise by approximately 12 percent in 2026, driven by continued growth in school spending and the expiration of last year’s tax buydowns. This increase comes at a time when affordability pressures are already weighing heavily on households, employers, and communities across the state.

Last year’s buydown was adopted with a clear understanding that it would provide temporary relief while lawmakers and the administration addressed the underlying cost drivers in Vermont’s education funding system. That commitment now hangs in the balance. Student enrollment has declined by more than 30 percent over the past two decades, yet education spending continues to rise, pushing per-pupil costs sharply higher.

Gov. Phil Scott has proposed using nearly $75 million in surplus tax revenues for another buydown in the coming year. It’s not yet clear if lawmakers will approve that use of Vermont’s much-needed surplus funds. There is an urgent need for durable, structural reforms.

Without them, cost pressures will continue to shift onto property taxpayers, including Vermont’s employers.

For the business community, these trends are deeply concerning. Employers are being asked to absorb higher tax burdens in a system that is delivering lower outcomes for fewer students. Vermont’s reading and math performance has slipped from among the strongest in the region to the middle of the pack, with recent assessments showing significant declines in key grades. These outcomes raise serious questions about cost-effectiveness, accountability, and long-term workforce readiness.

The business climate data reinforces this concern. According to the 2025 Vermont Business Climate Survey, employers rate the state’s overall business climate just 2.86 out of 5. Respondents cite rising costs, regulatory uncertainty, workforce availability, housing affordability, and taxes as the top constraints on growth. Rising education property taxes directly exacerbate these challenges.

Higher commercial property taxes increase operating costs and rents, tightening margins for small businesses and complicating decisions around expansion and investment. Housing affordability, already identified as a major barrier to recruitment and retention, worsens as property taxes rise, making it harder for employers across all industries to attract and retain workers.

As discussions continue around a “student-first” approach, it is important to ground reform efforts in data and outcomes. Improving educational results, strengthening accountability, and ensuring long-term sustainability must go hand in hand. An education system that serves students well also supports the broader conditions that shape their futures, including a strong economy, housing affordability, access to health care, and a competitive cost of living.

Some proposals would shift more of the education tax burden toward higher income taxes without addressing spending pressures. Without structural reform, these approaches risk further eroding Vermont’s affordability and competitiveness, particularly for skilled and mobile workers.

Last year, the business community successfully opposed a proposed business-only property tax classification that would have shifted costs disproportionately onto employers. As the Legislature revisits education funding, the Vermont Chamber will be watching closely to ensure businesses are not once again singled out to stabilize a system in need of reform.

The Vermont Chamber of Commerce continues to advocate for sustainable, data-informed reforms that address education spending pressures, improve outcomes for students, and protect Vermont’s business climate. Advancing affordability, strengthening the workforce pipeline, and supporting long-term economic vitality must remain central to any education funding solution.

CONNECT WITH OUR TAX EXPERT

Amy Spear

President

Fiscal Policy, Taxation, Tourism and Hospitality, Workforce Development

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Choosing Progress: Vermont Chamber’s 2026 Legislative Priorities

Choosing Progress: A Unified Path Toward Affordability and Economic Resilience

Vermont can no longer admire the problem. It must act, guided by data, employers, and long-term planning.

Each year, the Vermont Chamber of Commerce sets legislative priorities grounded in one core objective: advancing the Vermont economy. As we enter the 2026 session, Vermont stands at a defining moment. Affordability pressures, demographic decline, and rising operating costs are converging just as our state needs more workers, more housing, and greater predictability to sustain economic growth.

Our work toward long-range strategy began with the Vermont Economic Action Plan, a statewide blueprint shaped by more than 5,000 Vermonters. The plan established a clear vision for a stronger and more affordable future, grounded in data, pairing community insight and measurable targets. It also signaled a pivotal shift in how Vermont approaches economic decision-making. Instead of reacting to problems as they arise, we now have a long-term framework that can guide policy choices and align efforts across the public and private sectors.

This alignment is urgently needed. The Vermont Futures Project’s Competitiveness Dashboard shows Vermont trailing most states in economic outlook, cost competitiveness, and regulatory efficiency. Vermont ranks 49th in Economic Outlook and continues to struggle with slow economic growth, high costs of doing business, and a demographic profile that strains employers and public systems. Results from this year’s Business Climate Survey reinforce this landscape. Employers identified taxes, regulation, labor shortages, healthcare costs, and housing challenges as the most significant barriers to growth.

Many employers voiced concern that the state’s policy direction is disconnected from Vermont’s economic reality, and that they do not feel heard in Montpelier. Business leaders shared examples of policy decisions advancing without a clear understanding of operational impacts. This sentiment reflects a growing disconnect at the same moment Vermont needs alignment around affordability, stability, and long-term economic strategy. It also underscores the essential role the Vermont Chamber plays in bringing employer perspectives to the policy and regulatory tables and ensuring economic policy aligns with economic reality. Addressing Vermont’s challenges requires a sustained commitment to coordinated, data-informed action.


Many employers voiced concern that the state’s policy direction is disconnected from Vermont’s economic reality, and that they do not feel heard in Montpelier. Business leaders shared examples of policy decisions advancing without a clear understanding of operational impacts. This sentiment reflects a growing disconnect at the same moment Vermont needs alignment around affordability, stability, and long-term economic strategy. It also underscores the essential role the Vermont Chamber plays in bringing employer perspectives to the policy and regulatory tables and ensuring economic policy aligns with economic reality. Addressing Vermont’s challenges requires a sustained commitment to coordinated, data-informed action.



How confident or concerned are you about Vermont’s elected officials understanding of the economic pressures facing businesses?
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While there is difficult work ahead, progress was made last year on housing infrastructure, workforce programming, and slowing the growth of healthcare costs. While these advances were important, they are not enough on their own. Vermont must shift from episodic decision-making to a consistent, long-range economic strategy. The Economic Action Plan provides that roadmap. Paired with disciplined and transparent leadership, it offers a path toward measurable improvements for both families and employers.

Our 2026 legislative agenda reflects this approach and focuses on four core areas aligned with statewide priorities and employer needs:

Economic Abundance Through Fiscal Stewardship
Vermont must adopt predictable fiscal practices that control cost growth and strengthen affordability for families and employers. With state spending up more than three billion dollars in five years, the need for disciplined decision making is clear.

Regulatory Modernization and Predictability
A modernized regulatory system must support timely housing and economic development. Streamlined permitting and clearer rules will reduce costs, shorten timelines, and restore Vermont’s competitiveness.

Workforce and Housing Alignment
Employers report that workforce pressures and housing shortages remain among their highest concerns. Strengthening recruitment and retention requires connecting training strategies, talent attraction, and coordinated housing solutions.

Industry Competitiveness
Manufacturing, tourism, healthcare, technology, and small businesses all face rising pressures. Strategic investments in infrastructure, innovation, and cost containment will strengthen these key sectors.

As we begin the 2026 session, Vermont faces a choice. We need to shift from a scarcity mindset to an abundance mindset. The path forward requires courage, collaboration, and a commitment to measurable progress. Employers are ready to be partners in this work. Policymakers must be equally ready to align decisions with long-term strategy and economic reality.

Vermont’s future is not predetermined. It is shaped by the choices we make together. The Vermont Chamber stands ready to partner in this work and ensure our state’s economic story continues toward resilience, prosperity, and opportunity for all.

CONNECT WITH OUR TEAM

Megan Sullivan

she/her

Vice President of Government Affairs

802-522-6316

RECENT NEWS

2025 Vermont Business Climate Survey Results Released

2025 Vermont Business Climate Survey Results Released

The Vermont Futures Project has released the 2025 Vermont Business Climate Survey Findings Report, offering a detailed look at how employers across Vermont are experiencing the state’s economic environment. With responses from one hundred and thirty nine employers representing every major industry and all fourteen counties, this report provides an important snapshot of the conditions shaping Vermont’s economic future.

 

The findings show what many Vermont businesses continue to experience every day. Workforce shortages remain the most pressing challenge, affecting the ability of employers to meet demand and plan for growth. Housing availability and affordability continue to limit recruitment, retention, and mobility. Operating costs, including healthcare expenses and taxes, are placing growing pressure on budgets. Employers also express concern about regulatory predictability and whether their perspectives are reflected in statewide policy conversations.

 

These insights closely align with the priorities of the Vermont Economic Action Plan, which outlines the long term strategies needed to grow the workforce, expand housing supply, strengthen affordability, and create a more competitive and resilient future for the state. The survey results help clarify where progress is needed and where Vermont has the greatest opportunity to support long term economic stability.

 

The Vermont Chamber of Commerce appreciates the leadership of the Vermont Futures Project in producing this comprehensive analysis. Data informed insights like these are essential for shaping policy conversations in Montpelier and guiding collaborative work with the business community. The report provides a grounded understanding of the challenges employers face and reinforces the need for long term, thoughtful solutions.

 

Vermont businesses, policymakers, and community partners are encouraged to explore the full report and use this information to support planning, decision making, and collective action.

 

Read the full 2025 Business Climate Survey Findings Report

Vermont Chamber Announces Winners of the Coolest Thing Made in Vermont Awards

Vermont Chamber Announces Winners of the Coolest Thing Made in Vermont Awards

BETA Technologies’ ALIA Aircraft and Hannaford Career Center’s Tiny House on Wheels Named 2025 Winners

The Vermont Chamber of Commerce has announced the winners of the 2025 Coolest Thing Made in Vermont Awards, recognizing the state’s most innovative manufacturers and the next generation of technical talent. The awards were presented during the annual Vermont Manufacturing Summit, the state’s premier gathering for manufacturers from across Vermont, New England, and Canada.

 

2025 WINNERS
Coolest Thing Made in Vermont
BETA Technologies – ALIA Aircraft: BETA Technologies was selected for its groundbreaking all-electric ALIA aircraft, capable of both conventional takeoff and landing (CTOL) and vertical takeoff and landing (VTOL). Designed and built in Vermont, ALIA represents a fully integrated approach to the future of aviation—from advanced propulsion systems to charging infrastructure. The aircraft embodies BETA’s commitment to safety, sustainability, and innovation, reflecting the global impact of Vermont-grown manufacturing excellence.

 

“On behalf of our nine hundred plus member team at BETA, we are completely humbled to receive this recognition. Thank you. Katie and I grew up here and knew this is where we wanted to build our business. It took twelve years of pitching the idea of BETA before the first person said yes. At that moment, we decided our strategic advantage would be to be highly vertically integrated and to do it as sustainably as possible. These things echo our Vermont advantage. That is the advantage of thinking differently about how we do things and setting the bar high. We are thrilled to be here, doing all of that for electric aviation with our team here in Vermont,” said Kyle Clark, Chief Executive Officer of BETA Technologies.

 

Coolest Thing Made by a Career Technical Education or STEAM Program
Patricia A. Hannaford Career Center – Tiny House on Wheels: Students from the Patricia A. Hannaford Career Center received top honors for designing and building a fully functional Tiny House on Wheels, crafted to provide affordable housing for a local resident. The project showcases applied learning, craftsmanship, sustainability, and the community-minded spirit that defines Vermont’s Career Technical Education programs.

 

“This event highlights the power of CTE in the lives of students, and the importance of CTE for Vermont. The innovation of these kids demonstrates what young people can do when given access to Career Technical Education. CTE is not just a leg up for their future goals, it is a launchpad,” said Nicole MacTavish, Ed.D., Superintendent and Director of the Patricia A. Hannaford Regional Technical School District.

 

More than sixty submissions were entered by manufacturers and student teams across the state, an impressive reflection of the innovation, creativity, and technical skill that fuel Vermont’s manufacturing sector. From aerospace and advanced engineering to adaptive technology and community driven housing solutions, this year’s entries highlight the sector’s powerful contributions to Vermont’s economic vitality.

 

“The Vermont Chamber is proud to champion Vermont’s manufacturers, industries that make living, working, and thriving in Vermont possible,” said Amy Spear, President of the Vermont Chamber of Commerce. “The Coolest Thing awards celebrate not only remarkable products, but the skilled workforce, ingenuity, and partnerships that strengthen Vermont’s economy. We are honored to recognize the leaders and students who are shaping the future of manufacturing in our state.”

 

FINALISTS (HONORABLE RECOGNITION)
Made in Vermont Finalists

  • Rothspeed – Splitray Supercar: A carbon-fiber reimagining of a vintage Corvette, blending classic design with advanced engineering. Built in Milton, the Splitray showcases world-class performance and the artistry of Vermont’s precision manufacturing.
  • WheelPad L3C – SuitePAD: A 200-square-foot modular bedroom and bathroom suite that can be attached to an existing home in weeks, providing accessible, dignified housing for those facing mobility challenges. SuitePAD reflects the power of design, compassion, and rural economic resilience.

Career Technical Education or STEAM Program Finalists

  • Green Mountain Robotics – “Champ”: A competitive 140-pound robot built by FRC Team #9101, demonstrating the strength of Vermont’s growing STEM talent pipeline.
  • Lyndon Institute – Bridge Barrier: A custom steel safety barrier fabricated by welding students to protect the historic 1878 Miller’s Run Covered Bridge—an example of applied learning and community stewardship.
  • North Country Career Center – Air Blow Off System: A student-engineered automated air system designed to reduce downtime and operational costs for a local manufacturer.
  • Patricia A. Hannaford Career Center – Mobility Device for Disabled Children: A student-created adaptive mobility device that transforms a toy car into life-changing technology for a local child.

Celebrating Vermont Manufacturers at the Summit
The Vermont Manufacturing Summit brings together leaders from across the region for two days of global supply-chain matchmaking, policy discussions, workforce innovation, and advanced manufacturing collaboration. The Coolest Thing awards are a cornerstone of the Summit, honoring both the products that strengthen Vermont’s economy today and the students and educators building tomorrow’s workforce.

 

“Manufacturing is one of Vermont’s most essential economic sectors,” Spear noted. “From aerospace to outdoor recreation to custom fabrication, these employers fuel statewide innovation, create high-wage jobs, and anchor communities. The Summit and the Coolest Thing awards underscore our commitment to supporting this critical sector through advocacy, community, and resources.”

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Vermont Chamber of Commerce Hosts 11th Annual Manufacturing Summit​

Vermont Chamber of Commerce Hosts 11th Annual Manufacturing Summit

For over a decade, the Vermont Chamber of Commerce has brought together industry peers to facilitate sourcing and procurement opportunities at the Manufacturing Summit. This year, 130 industry leaders and manufacturing professionals from across Vermont, New England, and Canada convened to collaborate, share insights, and explore solutions to the sector’s most pressing challenges. Held on November 13-14 at the recently renovated Hotel Champlain in Burlington, the event included an in-person networking reception followed by a robust day of programming designed to strengthen connections and spark collaboration.

As global markets and regulations shift, manufacturers must adapt to maintain competitive advantages and ensure long-term success. With the theme of “Resilience by Design,” this year’s Manufacturing Summit brought together experts to discuss strategies for building resilient supply chains, leveraging technology for greater adaptability, and navigating an evolving regulatory landscape. A key feature of the conference was the Business-to-Business (B2B) Matchmaking Program, designed to connect manufacturers with potential partners, suppliers, and clients.

The summit focused on key issues facing the manufacturing sector, including workforce development, artificial intelligence, cybersecurity, and supply chain strategies. Attendees included representatives from a wide range of industries, including precision manufacturing, food production, construction, and clean energy. 

“Since 2013, the Vermont Chamber has built a legacy of strengthening the manufacturing industry through policy and programming efforts to give Vermont manufacturers a competitive edge. This year’s Manufacturing Summit provided invaluable insights for manufacturers across the region,” said Amy Spear, President of the Vermont Chamber of Commerce. “As manufacturing, a leading contributor to Vermont’s GDP, continues to evolve, it is more important than ever to foster collaboration and equip businesses with the connections and resources they need to be successful.”

This year’s summit was generously supported by the Vermont Agency of Commerce and Community Development’s Department of Economic Development, G.S. Precision, Manufacturing Solutions Inc., Collins Aerospace, GE Aerospace, VT Apex Accelerator, the University of Vermont CEMS, KAMAN Composites Vermont, and the Vermont Manufacturing Extension Center. Plans for next year’s event are already underway, and the Chamber looks forward to building on this year’s success to continue advancing Vermont’s manufacturing sector.

Vermont Chamber Releases Legislative Biennium Report

Vermont Chamber Releases Legislative Biennium Report, Emphasizes the Importance of Collaborative Solutions

The Vermont Chamber of Commerce has announced the release of its 2023-2024 Legislative Biennium Report, highlighting the critical role of state-level policymaking in shaping the business landscape and economy of Vermont.

“As we present this report, we are reminded of the resilience and dedication that define Vermont’s business community,” said Amy Spear, President of the Vermont Chamber. “Over the past two years, we’ve navigated significant legislative activity and unprecedented challenges that have both tested and strengthened our collective resolve.”

The report underscores the essential need for active engagement and advocacy in Montpelier. “It is imperative that a diverse range of perspectives is included in the policymaking process,” added Spear. “True innovation and balanced policy outcomes arise from collaboration—a practice central to the work of the Vermont Chamber.”

Highlights from the 2023–2024 Legislative Biennium Report:

  • Advocacy Efforts: The Vermont Chamber’s advocacy team, led by Vice President of Government Affairs Megan Sullivan, testified 55 times before legislative committees and monitored 964 committee hearings, ensuring that the voice of the business community was heard.
  • Legislative Engagement: The Chamber hosted with 14 legislative interns, fostering the next generation of leaders and advocates.
  • Economic Focus: Amid record-high government spending supported by one-time federal pandemic relief funding, the Chamber emphasized the need to return state spending to sustainable levels to address the affordability crisis impacting businesses, individuals, and families.
  • Policy Impact: Several key bills beneficial to Vermont’s business community were successfully passed, while numerous proposed tax increases that could have strained the state’s economic climate did not advance.
  • Voting Transparency: Incumbent legislators’ voting records on key economic issue. This resource provides businesses with clarity on how their Senators and Representatives voted, enabling informed political engagement and advocacy to strengthen Vermont’s business environment.

As election season progresses, it is imperative for candidates to prioritize economic growth and recognize the significant role Montpelier plays in shaping Vermont’s business landscape. Looking to 2025, the Vermont Chamber’s commitment to balanced, data-driven, and pragmatic approaches remains strong. The Vermont Chamber advocacy team will be visiting communities across Vermont in the coming months to preview the full slate of business issues expected in the State House during the upcoming legislative session.

Tom Dee Honored as Citizen of the Year

Vermont Chamber of Commerce Honors Tom Dee as the 2024 Citizen of the Year

On August 1, the Vermont Chamber of Commerce celebrated Thomas A. Dee, President and CEO of Southwestern Vermont Medical Center (SVMC), as the 2024 Citizen of the Year at an event in his honor. Colleagues, friends, and family members gathered at the historic Everett Mansion to recognize Dee’s outstanding contributions to advance the southern Vermont economy and elevate community healthcare standards.

The Citizen of the Year award is presented annually by the Vermont Chamber to an individual who has made significant contributions to the betterment of Vermont, distinguished through exceptional service to their community and region, and epitomizes the true spirit of service and self-sacrifice that defines Vermont citizenship. Tom Dee has exemplified these qualities through his visionary leadership and unwavering dedication to the southwestern Vermont community.

“I’m humbled by this honor and grateful for the attention it brings to SVMC and the community of Bennington, which I call home,” said Tom Dee. “I have always strived to be a good steward of this health care system and, while I consider myself a small part of its more than 100-year history, I understand the crucial role we have in the communities we serve and in the State of Vermont. This has always motivated me to move SVMC forward and support our community, where I can.”

Amy Spear, President of the Vermont Chamber of Commerce, also shared her thoughts on the occasion, saying, “Tom Dee embodies the finest ideals of Vermont citizenship. For 14 years, his unwavering dedication and visionary leadership have significantly improved the local economy and elevated community healthcare standards. We are proud to honor Tom Dee as the 2024 Citizen of the Year and celebrate his exceptional leadership and commitment to community.”

The Vermont Chamber of Commerce has been honoring outstanding Vermonters with the Citizen of the Year award since 1964. Previous recipients include Senator Patrick Leahy, Barbara Snelling, Antonio Pomerleau, and Ken Squier. This year’s celebration was a testament to Tom Dee’s remarkable contributions and his enduring legacy in Vermont. This event was supported by these generous sponsors: rk Miles, Casella, Farrell Distributing, The Richards Group, Southwestern Vermont Medical Center, Mack Molding, and The Putnam Redevelopment Group

The 2024 Vermont Inspiration Guide is Now Available, Celebrating Local Businesses and Green Getaways

The 2024 Vermont Inspiration Guide is Now Available, Celebrating Local Businesses and Green Getaways
The Vermont Chamber of Commerce and the Vermont Department of Tourism and Marketing (VDTM) have announced the release of the annual Vermont Inspiration Guide. The Vermont Chamber produces the Inspiration Guide in partnership with VDTM each year. Print copies of the 2024/25 edition are set to be distributed to key points of interest in Vermont’s drive market to amplify Vermont businesses and inspire travel. In 2023, visitor spending contributed $3.0 billion to Vermont’s economy.
The Inspiration Guide is displayed throughout Vermont in Welcome and Information Centers as well as lodging properties and tourism hubs. It is also displayed at key retail outlets, airports and travel hubs in New England and New York as well as consumer shows and events throughout the United States and Canada. It is available by request through mail worldwide. The Inspiration Guide is part of the Vermont Tourism Marketing Program, which leverages dynamic print and digital products to promote businesses to the 80 million people within a day’s drive of Vermont. The suite of products and services are the official fulfillment pieces for the State of Vermont.
Vermont’s local communities, businesses, and attractions create the fabric that makes up the Vermont brand. The editorial mission of the Inspiration Guide is to tell the story of Vermont through compelling, authentic content that inspires visitors. The Inspiration Guide amplifies business stories and the Vermont brand experience to the destination marketplace.
In addition to articles celebrating each of Vermont’s unique regions, the 2024/25 edition of the Inspiration Guide highlights Vermont’s commitment to destination stewardship and sustainable travel with articles on “green getaways,” a guide to hiking responsibly, and more.
The transformative power of experiences and how they contribute to the well-being of visitors is further underscored in the reoccurring “Love Where You Live” section, which features Izzy Johnson of Color the Valley, LLC (CTV), a Queer, BIPOC, and Women-Owned outdoor guiding company based in Burlington, Vermont. CTV specializes in bikepacking, backpacking, and hiking trips with an emphasis on Black, Indigenous and People of Color (BIPOC), and Queer communities.
Individuals, businesses, and organizations can obtain print copies of the 2024/25 Vermont Inspiration Guide, by visiting https://vermontvacation.com/request-information/.

Landmark Act 250 Modernization Bill Becomes Law

Landmark Act 250 Modernization Bill Becomes Law

Lawmakers voted to override the Governor’s veto of H.687, marking the final passage of the historic compromise that has been a monumental undertaking for policymakers and stakeholders this session. The successful passage of the bill will immediately exempt the building of housing units across Vermont, which is a top priority for the Vermont business community. The Vermont Chamber has been engaged on this bill throughout the session to secure this crucial provision, among others.

There will be an opportunity to address the areas of concern that led to the Governor’s veto decision in the next biennium. In the meantime, the passage of this bill marks an important step forward to achieving common goals. Act 250 exemptions for housing will start immediately and a location-based jurisdiction approach will see full exemptions in smart growth areas soon. No single piece of legislation will absolve the housing crisis that has been generations in the making and more work needs to be done to find solutions that get at the root of the problem. The Vermont Chamber remains committed to working with legislators and the Governor’s administration in the years ahead on further policy solutions for Vermonters.