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State to Main - Week 24

6/28/2020

 

Legislature Adjourns Until August

Second Round of Relief Money Advanced

$28 Million Hazard Pay Program Passed

Unemployment Insurance Tax Relief

Manufacturers at Risk for Additional Regulations

Increased Costs With Workers’ Compensation Changes

Act 250 Proposal on Hold

Resource Roundup

In Case You Missed It

 

 

 

Legislature Adjourns Until August

The Legislature has adjourned until August 25, 2020 when they will address the remaining three quarters of the state’s budget. Also in play is action on the miscellaneous tax bill, Act 250 reform, additional COVID-19 related relief programs, and a plethora of additional proposals that were not completed prior to June adjournment. With the massive decline of the state’s revenue sources due to the pandemic, the Governor and legislative leaders have already discussed potential deficit-spending in the Education Fund to avoid property tax increases. While Vermont is one of few states that doesn’t require a balanced budget, it has rarely used that capability.

 

Second Round of Relief Money Advanced

S.350, the Legislature’s initial relief bill, provided $70 million to businesses impacted by COVID-19 related restrictions and closures. Using the framework established in that bill, the Legislature advanced an additional round of funding that would direct another $82 million in grants to businesses that have suffered a 50 percent or greater reduction in revenue in a monthly or quarterly period from March 1, 2020 to September 1, 2020 as compared to the same period in 2019. The bill further provides $24 million in funding for various business sectors, bringing the total relief in the second round of funding to $106 million as displayed in the table below.

As drafted, the $82 million provided directly to ACCD/DOT for additional emergency economic recovery grants would not be accessible to sole proprietors. Sole proprietors will be able to access the remaining funds and programs provided by the bill.

Of the initial $1.25 billion allocated to the State of Vermont from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, $140 million remains. The Vermont Chamber has advocated for the expeditious advancement of additional, widely accessible relief resources for businesses. In the last two weeks, the Legislature has done just that, however, more relief is needed. In the coming weeks, the Vermont Chamber will continue to advocate for additional funding for businesses to aid in their recovery.

 

$28 Million Hazard Pay Program Passed

A $28 million hazard pay grant program was passed providing grants to certain employers for hazard pay to frontline workers whose job placed them at an elevated risk of exposure to COVID-19 during the first two months of the public health emergency. Eligible employers include those who employ one or more individuals in Vermont in an assisted living residence, a nursing home, a residential care home, a therapeutic community residence, a health care facility, a physician’s office, a dentist’s office or a dental facility, a homeless shelter, a home health agency, a federally qualified health center, a rural health clinic or clinic for the uninsured, a program licensed by the Department for Children and Families as a residential treatment program, an ambulance service or first responder service, a morgue, or a provider of necessities and services to vulnerable or disadvantaged populations. The Agency of Administration is responsible for administering the program.

 

Unemployment Insurance Tax Relief

The Scott Administration announced changes that will reduce unemployment insurance (UI) tax rates, a welcome relief for businesses under financial strain due to the pandemic. The Department of Labor will move to UI Tax Rate Schedule I, reducing individual employers’ UI tax rates on July 1, 2020. Employers’ tax rates vary according to their experience rating, which is based on UI claims charged to their account, total payroll, and their ranking among all employers who contribute to UI. Schedule I decreases the upper and lower thresholds for these tax rates, as well as reducing the taxable wage base amount beginning January 1, 2021. In addition to this tax rate change, the maximum weekly benefit amount paid to unemployed Vermonters will increase from $513 to $531. This increase is effective beginning the first full week of July.

 

Manufacturers at Risk for Additional Regulations

The House Committee on Human Services reviewed bill S.295 which seeks to further restrict the use, manufacture, sale, and distribution of perfluoroalkyl and polyfluoroalkyl (PFAS) chemicals, phthalates and bisphenols in firefighting foam, personal protective equipment (PPE), food packaging, and rugs and carpets.

While there is a federal exemption for the use of firefighting foams containing PFAS chemicals for aircraft rescue, S.295 is broadly written and would put manufacturers at risk for further supply chain disruption, greater liability, and added regulations and costs. This would leave many Vermont companies at a competitive disadvantage. The Vermont Chamber continues to believe chemical risks can vary greatly and related regulations should be developed based on credible, scientific evidence and quantifiable health risk a specific chemical may pose.

The Vermont Chamber’s testimony supports a scientific approach and a federal solution that harmonizes regulatory standards, especially considering the recent reforms of the Toxic Substances Control Act (TSCA). The Vermont Chamber recognizes that chemical regulations must account for health and environmental concerns while providing impacted businesses with achievable and sustainable regulatory frameworks. The Committee will again take up S.295 in August. If you have concerns, please contact Chris Carrigan.

 

Increased Costs With Workers’ Compensation Changes

The Legislature passed a bill that implements changes to workers’ compensation. As passed, the bill would broadly expand COVID-19 related workers’ compensation eligibility to occupations outside of the emergency services realm. During testimony, the Vermont Chamber pushed for changes that would limit the scope of the bill and provide a financial backstop paid for by the state with the intention of offsetting potential increases to workers’ compensation insurance rates for employers. The changes were largely not adopted, though the House Committee on Commerce and Economic Development did take steps to improve the bill.

The bill was slightly narrowed in scope to individuals who have proven, regular contact with COVID-19 positive members of the public, inmates, or patients and also included a requirement that a report be created to explore the framework for the possible establishment of a workers’ compensation fund to address potential rate increases that will result from the bill’s passage.

The Vermont Chamber will continue to oppose legislative proposals that impart additional financial burdens on employers. Doing so is especially important given the ongoing economic hardship businesses face as a result of COVID-19.

 

Act 250 Proposal on Hold

Act 250 changes attached to a housing bill failed to advance before adjournment but could be revisited in August. Members of the Senate Committee on Natural Resources and Energy who originally added the amendment proposing the change to the housing bill have reintroduced the changes in the form of an amended version of the Act 250 reform bill (page 6462) passed by the House in March.

The Vermont Chamber was encouraged by the advancement of uncontroversial provisions in the Senate’s earliest Act 250 proposal that would have largely removed municipal areas of enhanced designation from Act 250 jurisdiction. If implemented, these changes would encourage sustainable economic development and aid in economic recovery from COVID-19 impacts. Unfortunately, in recent weeks, what was previously a widely agreeable bill expanded to include several concerning provisions that could significantly increase the scope of Act 250 jurisdiction. The most recent changes advanced by the Senate Committee on Natural Resources and Energy include the addition of sections related to forest fragmentation and rules that would bring newly constructed roads and driveways totaling more than 2,000 feet into Act 250 jurisdiction.

The Vermont Chamber will continue working to ensure communities, both urban and rural, are not negatively impacted by any final changes to Act 250.

 

Resource Roundup

  • Websites for Tracking CARES Act Dollars in Vermont
    The State of Vermont now has two web resources businesses and the public can use to track where CARES Act dollars are being spent. Those websites are Vermont State Auditor’s Website and the Vermont Department of Finance Website (scroll to COVID-19 Federal Funding Tracker).

  • U.S. Department of Labor Launches Online Leave Tool
    The U.S. Department of Labor’s Wage and Hour division launched a new online tool that guides workers and employers through a series of questions to help them determine if they are eligible for paid sick leave or expanded family and medical leave under the Families First Coronavirus Response Act (FFCRA).  As Vermont and the nation continues to reopen, this tool will contribute to helping understand qualifications and responsibilities under FFCRA. Here is the full link. Please contact Steven McKinney with questions.

 

In Case You Missed It

  • Vermont Senate to Change Remote Meeting Policy After More Glitches

  • Final Reading: House Debates Lawmaker and State Employee Raises

  • Takeout Cocktails Have Saved Many Businesses. Some States Want to Make Them Permanent Offerings.

  • Property Tax Rates Set for Average 3-Cent Rise as Lawmakers Pass Ed Funding Bill

 

Want great exposure for your business? Sponsoring the weekly newsletter is an affordable and effective way to reach your target customers. Email Megan Bullard for pricing and more information.

State to Main - Week 23

6/19/2020

 

Second Round of Relief Money Advances

Relief Bill Includes Hazard Pay

Legislature Advances Broadband Package

Act 250 Progress a Mixed Bag

First Quarter Budget Bill Advances

Workers’ Compensation Changes Under Review

Resource Roundup

In Case You Missed It

 

 

 

Second Round of Relief Money Advances

S.350, the Legislature’s initial relief bill provided $70 million to businesses impacted by COVID-19 related restrictions and closures. Using the framework established in S.350, the House advanced an additional round of funding that would direct another $70 million in grants to businesses that have suffered a 50 percent or greater reduction in revenue in a monthly or quarterly period from March 1, 2020 to September 1, 2020 as compared to the same period in 2019. The Agency of Commerce and Community Development (ACCD) in coordination with the Department of Taxes (DOT) would continue to administer and distribute this portion of the funds. The section of the bill titled “Economic Relief for Businesses and Individuals” includes an additional $31.5 million in funding for various businesses, bringing the total relief for businesses advanced by the second round of funding to $101.5 million. The table below breaks down those amounts by program.

As drafted, the $70 million provided directly to ACCD for additional emergency economic recovery grants would not accessible to sole proprietors. According to legislative council, sole proprietors will be able to access the remaining funds and programs provided by the bill.

The Vermont Chamber has advocated for the expeditious advancement of additional, widely accessible relief funds for businesses, and we applaud the Legislature, and particularly the House Committee on Commerce and Economic Development, for acting quickly to advance this latest relief bill. The business community has made clear that more relief is needed, and over the coming weeks the Vermont Chamber will continue to advocate for additional funding for the business community.

 

Relief Bill Includes Hazard Pay

A $20 million hazard pay grant program was added to the most recent relief package. The program would provide grants to certain employers for the provision of hazard pay to frontline workers whose job placed them at an elevated risk of exposure to COVID-19 during the first two months of the COVID-19 public health emergency. Eligible employers include employers who employ one or more individuals in Vermont in an assisted living residence, a nursing home as defined, a residential care home, a therapeutic community residence, a health care facility, a physician’s office, a dentist’s office or a dental facility, a homeless shelter, a home health agency, a federally qualified health center, a rural health clinic or clinic for the uninsured, a program licensed by the Department for Children and Families as a residential treatment program, an ambulance service or first responder service, a morgue, or a provider of necessities and services to vulnerable or disadvantaged populations. The Agency of Administration is responsible for administering the program.

 

Legislature Advances Broadband Package

The Legislature recently advanced a funding package that would help address the connectivity shortfall impacting 70,000 Vermont households that do not have access to federally defined broadband.  Federally defined broadband includes speeds of at least 25/3 Mbps, which is sufficient for most telehealth, work, and learn-from-home tasks. COVID-19 related restrictions and closures have demonstrated that broadband access is now both an essential economic development goal and an immediate emergency need.

As currently drafted this broadband proposal represents an unprecedented investment in delivering connectivity to unserved locations throughout Vermont. While the Vermont Chamber is supportive of dedicating an investment of this magnitude to ensuring Vermont’s many communities have sufficient internet access, we have concerns about provisions within the relief package that would limit the use of these funds to specific technologies. We continue to believe public investments in broadband should be technology-neutral and include public and private partnerships that maximize institutional knowledge and capitalize on existing infrastructure, while planning for future technology landscapes. A technology-neutral approach would also bring Vermont in line with proven strategies employed by surrounding New England states.

 

Act 250 Progress a Mixed Bag

In the last several weeks modernization efforts of Act 250 have resulted in mixed progress. The Vermont Chamber was encouraged by advancement of uncontroversial provisions in the Senate’s earlier Act 250 proposals that would largely remove municipal areas of enhanced designation from Act 250 jurisdiction. If implemented, these changes would encourage long-term economic development and aid in economic recovery from COVID-19 impacts. Unfortunately, in recent days, what was previously a widely agreeable bill has expanded to include several concerning provisions that could significantly increase the scope of Act 250 jurisdiction. The most recent changes include the addition of sections related to forest fragmentation and rules that would bring newly constructed roads and driveways totaling more than 2,000 feet into Act 250 jurisdiction. The Vermont Chamber will continue working to ensure communities, both urban and rural, are not negatively impacted by any final changes to Act 250.

 

First Quarter Budget Bill Advances

After passing in the House earlier this month, the Senate approved a budget bill that would fund state government for the first three months of the fiscal year (July through September). The Scott Administration previously proposed a 2 percent reduction in state spending for the first quarter to account for COVID-19 related revenue shortfalls. House and Senate Appropriators largely rejected that proposal, choosing instead to refrain from significant state spending cuts in hopes that federal CARES Act dollars will be permitted to be used for revenue replacement. Federal regulations currently do not allow CARES Act relief to be used for revenue replacement. Separately, as part of the Pay Act, state employees will receive an average 1.9 percent step increase and a $1,400 one-time payment to individuals employed as of July 1, 2020 and an average 1.9 percent step increase and 2.25 percent across-the-board increase for a total 4.15 percent increase in Fiscal Year 2022.

 

Workers’ Compensation Changes Under Review

As drafted, the most recent bill proposing changes to workers’ compensation law could broadly expand COVID-19 related workers’ compensation eligibility to jobs outside of the emergency services realm. The proposed changes have the potential to impart considerable cost impacts on employers. The Vermont Chamber is advocating for limiting the scope of the bill to frontline workers involved in emergency response and public safety. Testimony on the proposed changes will continue next week.

 

Resource Roundup

  • Vermont Chamber Passport to Recovery
    The Vermont Chamber’s Passport to Recovery portal is dedicated to the Vermont community in place of our Workforce & Talent Summit and shares timely webinars to help businesses, employers, and employees across the state. Economic, sales & marketing, health, and workforce webinars will be provided through June and July.

  • Economic Recovery and Relief Package Webinar Series
    An archive of ACCD's sector-specific webinars.

  • CDC-Based COVID-19 Business Plans
    PieMatrix in Burlington is offering free CDC-based COVID-19 back-to-business and back-to-isolation plans for businesses to use when opening or closing operations.

  • Department of Labor RETAIN Program Provides Return to Work Resource
    Vermont Retaining Employment and Talent After Injury/Illness Network created a checklist resource to help guide employers and employees as they return to work. Please contact Deborah Kennedy with questions.

 

In Case You Missed It

  • Capacity Limits Raised for Restaurants, Other Hospitality Businesses

  • A Crowded Field as Two Chittenden County Senators Seek Higher Office

  • Registration Opens for U.S. Chamber of Commerce Summit on Equality of Opportunity

 

Want great exposure for your business? Sponsoring the weekly newsletter is an affordable and effective way to reach your target customers. Email Megan Bullard for pricing and more information.

State to Main - Week 22

6/12/2020

 

House Passes Initial Relief Package

Legislative Group Calls for Restricting Relief Funds Eligibility

Vermont Chamber Testifies on Broadband Need

Paycheck Protection Program Changes Now Law

Resource Roundup

In Case You Missed It

 

 

 

House Passes Initial Relief Package

After passing in the Senate last week, the House passed S.350, the Legislature’s initial relief bill developed from the economic recovery and relief package proposed by the Scott Administration in late May. As originally drafted, the relief package provided $250 million in financial relief to impacted businesses. The Vermont Chamber called for significant changes to the relief proposal in recent testimony.

As passed, S.350 provides $70 million in grants, distributed through the Department of Taxes, with the Agency of Commerce and Community Development (ACCD) assisting the Department of Taxes in vetting distribution of the funds. $20 million of the funds will be distributed through regional economic development organizations, with oversight by ACCD. The entirety of the relief package is restricted to businesses who are able to demonstrate 75 percent or greater reduction in total sales in any one-month period from March 1, 2020 to September 1, 2020 as compared to the same one-month period from March 1, 2019 to September 1, 2019. Provisions were also added to the bill to hold harmless businesses in situations where funds are distributed outside of technical compliance with federal guidelines. While unlikely, in situations where funds are inappropriately distributed, the added provision makes state agencies, and not individual businesses, liable for repayment to the Treasury.

During his report of the bill to the House Committee on Appropriations, the Chair of the House Committee on Commerce and Economic Development acknowledged this first round of funding is far from enough to satisfy current need in the business community. The Chair indicated his committee is now working to advance an additional relief package, which is set to include an additional $80 million. The Vermont Chamber is working to ensure these and additional funds are advanced expeditiously and are widely accessible to Vermont businesses.

 

Legislative Group Calls for Restricting Relief Funds Eligibility

A group of 29 legislators called on the House Committee on Commerce and Community Development to restrict access to the Vermont Economic Injury Disaster Loan and Grant program or similarly enacted programs to businesses who offer their employees between 140 and 160 percent of the current minimum wage and comply with five other qualifying criteria. If enacted the proposal would severely limit eligibility for potential relief funds to a portion of Vermont businesses, including rural small businesses that would experience a disproportionate negative impact if the proposal were to advance.

The Vermont Chamber continues to advocate in the Legislature for passage of relief packages that offer the greatest eligibility flexibility possible for distressed businesses. Doing so is essential to ensuring equitable access to relief resources across Vermont’s business community.

 

Vermont Chamber Testifies on Broadband Need

The Vermont Chamber testified this week in the Senate Committee on Finance to highlight the need for broadband connectivity in unserved Vermont communities. Currently, 23 percent of Vermont (69,899 business and residential locations) does not have access to broadband at 25/3 mbps – the service speed that defines broadband under federal law. This speed is also more than sufficient for most current learn- and work-from-home tasks. During testimony, the Vermont Chamber encouraged senators to work to advance funding to provide broadband to households currently unable to work from home, learn from home or receive telehealth services because of connectivity limitations.

Debate continues in the Legislature around what internet speed goal should serve as the threshold to qualify for state infrastructure funds. While the Vermont Chamber recognizes the need to safeguard state funds and invest in lasting infrastructure projects, we are also cognizant of the reality that thousands of Vermont households lack access to federally defined broadband, which places those households and their communities at a staggering public health, academic, and economic disadvantage. We will continue to encourage the Legislature to quickly act to provide broadband access to unserved communities

 

Paycheck Protection Program Changes Now Law

The Paycheck Protection Program Flexibility Act (PPPFA) became law late last week. PPPFA makes several changes to the existing program, including extending the covered period from eight weeks to 24 weeks, extending the date to restore your full-time employees from June 30 to December 31, and increasing the term of a loan to a minimum of five years, from two years. PPPFA also provides an additional provision that enables forgiveness to be determined without regard to a proportional reduction in employees. This change would apply in circumstances when an employer is able to document the inability to rehire an employee who was on payroll on February 15, the inability to rehire a similarly qualified employee, or the inability to return to the same level of business activity they had prior to February 15 due to COVID-19 restrictions. The Vermont Chamber pushed for the changes included in the PPPFA in our advocacy with the congressional delegation.

 

Resource Roundup

  • Vermont Chamber Passport to Recovery
    The Vermont Chamber’s new Passport to Recovery portal is dedicated to the Vermont community in place of our Workforce & Talent Summit and shares timely webinars to help businesses, employers, and employees across the state. Economic, sales & marketing, health, and workforce webinars will be provided through June and July.

  • Money.com: Best Small Business Loans of 2020
    Money.com compiled their take on the best small business loans of 2020. While the best loan will depend on multiple individual factors, they note that some lenders stand out for their low starting rates, fair loan terms, and easy application process.

  • Vermont Chamber Conducts Lodging Restart Survey to Guide Advocacy
    The Vermont Chamber is conducting a survey of the state's lodging properties. Responses will help inform the Chamber's advocacy efforts. Please contact Emily Rivers with any questions.

  • Department of Labor RETAIN Program Provides Return to Work Resource
    Vermont Retaining Employment and Talent After Injury/Illness Network created a checklist resource to help guide employers and employees as they return to work. Please contact Deborah Kennedy with questions.

 

In Case You Missed It

  • Scott Appoints Interim Labor Secretary Harrington to Permanent Post

  • Vermont House Prepares $600 Million COVID-19 Spending Package

  • Coworking Spaces, Slowly Reopening, See Promise in Push for Remote Work

 

 

Want great exposure for your business? Sponsoring the weekly newsletter is an affordable and effective way to reach your target customers. Email Megan Bullard for pricing and more information.

State to Main - Week 21

6/5/2020

 

Bad Week for Businesses in Legislature

Vermont Chamber Calls for Changes to Economic Relief Package

Lodging and Restaurants Restrictions Updated

Vermont Chamber Joins States in Calling for Childcare Relief

Paycheck Protection Program Changes Coming

Senate Committee Advances Concerning New Lodging Regulations

Senate Committee Reluctant to Provide Emergency Broadband Access

Resource Roundup

In Case You Missed It

 

 

 

Bad Week for Businesses in Legislature

Despite unprecedented economic downturn, the Legislature advanced several proposals over the last week that are harmful to businesses. Recent legislative action included:

  • House leadership called for slashing the Administration’s economic relief package by $200 million
  • The Senate Committee on Finance advanced a bill that would prohibit lodging operators from providing guests with single-use personal care products. This mandate comes at a time when lodging operations are struggling to survive and the Centers for Disease Control and Prevention is encouraging the use of single-use toiletries for safety reasons related to COVID-19
  • The House voted to increase business property tax rates from $1.59 per $100 in 2020 to $1.628 per $100 in 2021
  • The Senate Committee on Finance leadership expressed opposition to providing funds to build out broadband in unserved communities struggling with work-from-home, learn-from-home, and telehealth shortfalls

The Vermont Chamber encourages the business community to reach out to their legislators with questions or concerns about these recent actions.

 

Vermont Chamber Calls for Changes to Economic Relief Package

Vermont Chamber President Betsy Bishop testified in the House Committee on Commerce and Economic Development this week on the economic recovery and relief package proposed by the Scott Administration in late May. Vermont Chamber member Lynn Green of the Four Chimney’s Inn in Bennington also testified, largely echoing Betsy’s input, while also providing a detailed analysis of the relief package.

The Vermont Chamber’s testimony called for several changes, including ensuring businesses who have received PPP or EIDL funds are not disqualified from accessing the funds, lifting of the trigger that limits use of portions of the relief package to businesses with a gross annual revenue of $2.5 million or less, removal the fulltime employee (FTE) requirement (many small lodging establishments are under the existing five FTE requirement), and an ask to broaden the permissible use of relief funds to include certain physical upgrades. The Vermont Chamber is also pushing for maintaining the original topline funding amounts and the proposed investment in marketing, with a revision that would make the marketing plan a phased approach that corresponds with the anticipated economic and regulatory realities the state is expected to face over the next several months.

The Senate Committee on Economic Development, Housing and General Affairs introduced draft legislation this week that would make changes to the Administration’s proposal. However, the draft legislation does not address several of the previously mentioned issues with the relief package. In an additional development, the House Committee on Commerce and Economic Development reviewed a proposal from the Speaker’s office that called for a reduction of $200 million in the relief package. Considering that current need far outweighs any of the relief proposals yet discussed, the Vermont Chamber strongly opposes these changes. Draft legislation also proposed in the House would make significant reductions to the relief package.

Immediate relief in the form of grants is essential to mitigating the economic downturn currently impacting almost every sector, and the Vermont Chamber will continue to work with legislative leaders to advance relief funds with necessary changes.

 

Lodging and Restaurants Restrictions Updated

During Friday’s press conference, Governor Scott announced new guidance for indoor dining and outlined a plan to welcome out-of-state tourists. In keeping with the Governor’s “turn of the spigot” plan that has incrementally reopened the economy over the last few weeks, indoor dining is now allowed at 25 percent capacity or 10 total customers and staff combined, whichever is greater as of June 8. All current social distancing standards, as well as state and CDC guidelines that are in place now for dining facilities, will remain. Additional guidance is available via the Agency of Commerce and Community Development. Also announced were changes to lodging and campgrounds guidelines. Effective June 8, lodging properties and campgrounds may book 50 percent of rooms for non-residential lodging or have a total of 25 guests and staff on the property – whichever is greater. Detailed guidance is also available from the Agency of Commerce and Community Development.

Important updates to quarantine restrictions were also highlighted. While the continued gradual reopening is not ideal for the hospitality industry, it is a small and desperately needed step forward:

  • Effective June 8 people living in New England or Upstate New York will be permitted to travel to Vermont without quarantine restrictions if they are traveling from a county with similar active COVID-19 caseloads as Vermont. The threshold is set at 400 or fewer cases per million. Weekly guidance will be issued identifying locations travelers are permitted to travel freely to Vermont from.

  • Effective June 15 travelers from counties that do not meet the requirement above are permitted to travel to Vermont with the following restrictions:
    • (i) complete a 14-day quarantine; or (ii) complete a 7-day quarantine followed by a negative test – in their home state and enter Vermont without further quarantine restrictions if they drive directly from their home via their personal vehicle.

    • (i) a 14 day quarantine; or (ii) a 7-day quarantine followed by a negative test – in a Vermont lodging establishment regardless of destination origin or manner of travel (travelers must stay in their quarantine location for the duration of quarantine other than to travel to and from a test site).

Please contact Amy Spear with any questions.

 

Vermont Chamber Joins States in Calling for Childcare Relief

The Vermont Chamber joined State Chambers around the nation in signing onto a letter calling on Congress to provide temporary emergency assistance targeted to licensed childcare providers to help cover increased expenses and forgone revenue directly tied to maintaining public health. A recently issued report by the U.S. Chamber shows that of states examined, even prior to the COVID-19 pandemic, losses averaged $1 billion annually in economic activity due to breakdowns in childcare.

Bolstering the state’s childcare resources is a vital component of restarting the economy and is essential to the economic future of Vermont. The Vermont Chamber continues to support improving childcare resources in the state. Doing so is essential to maximizing Vermont’s workforce potential and will also help to attract new families to live and work in Vermont.

 

Paycheck Protection Program Changes Coming

Following passage in the U.S. House last week, the U.S. Senate unanimously passed changes to the Paycheck Protection Program (PPP) on Wednesday. The Paycheck Protection Program Flexibility Act (PPPFA) now heads to the President’s desk where it is expected to be signed into law. PPPFA makes several changes to the existing program, including extending the covered period from eight weeks to 24 weeks, extending the date to restore your fulltime employees from June 30 to December 31, and increasing the term of a loan to a minimum of five years, from two years. PPPFA also provides an additional provision that enables forgiveness to be determined without regard to a proportional reduction in employees. This change would apply in circumstances when an employer is able to document the inability to rehire an employee who was on the payroll on February 15, the inability to rehire a similarly qualified employee, or the inability to return to the same level of business activity they had prior to February 15 due to COVID-19 restrictions. The Vermont Chamber has pushed for the changes included in the PPPFA in our advocacy with the congressional delegation.

 

Senate Committee Advances Concerning New Lodging Regulations

The Senate Committee on Finance advanced S.227, a bill that would prohibit lodging establishments from providing personal use products in single-use bottles. With many establishments closed or operating in a limited manner, the possibility of being forced to invest additional funds in retrofitting rooms with multiple-use dispensers is a daunting prospect for lodging operators. As a result of COVID-19, there also currently exists considerable safety concerns related to the use of community-use appliances. Guidance dictating the use of such appliances will largely depend on rapidly developing regulations and recommendations from state and federal health agencies. Despite the concerns from a variety of lodging operators, and Committee acknowledgment of the crisis facing the lodging sector, the Committee chose to advance the bill. The legislation will now move to the Senate floor for a vote by the full body.

The Vermont Chamber will continue to convey to legislators the reality that businesses require immediate action to advance relief funds and at this time lodging establishments in particular have little or no capacity to absorb additional administrative mandates, added costs, or safety risks.

 

Senate Committee Reluctant to Provide Emergency Broadband Access

On Thursday, the Vice Chair of the Senate Committee on Finance suggested he was not inclined (24:50) to support plans to provide emergency broadband access to Vermonters currently impacted by a lack of access to work-from-home, learn-from-home, and telehealth capabilities. The Vice-Chair specifically expressed reluctance to support the provision of emergency broadband funds to build out broadband at federally defined broadband levels, saying instead he may prefer to withhold funds until a hypothetical plan to provide higher speeds comes to volition at an unspecified date in the future.

Currently, 23 percent of Vermont (69,899 business and residential locations) does not have access to broadband at 25/3 Mbps – the service speed that defines broadband under federal law. This speed is also more than sufficient for most current learn- and work-from-home tasks. The Vermont Chamber recognizes the need to safeguard state funds and invest in lasting infrastructure projects. That said, we are also fully cognizant of the reality that tens of thousands of Vermonters lack access to the internet speeds necessary to perform basic web browsing functions. We will continue to encourage the Legislature to quickly act to provide broadband access to unserved communities.

 

Resource Roundup

  • Economic Recovery and Relief Package Webinar Series: archive of ACCD's sector specific webinars.
  • American Hotel and Lodging Association (AHLA) Safe Stay guidelines for industry-wide hotel cleaning standards.

 

In Case You Missed It

  • House Lawmakers Move to Reverse Scott Budget Cuts

  • Jay Canning: Let Vermont Hospitality Revive

  • John Killacky: The Arts Are Essential Businesses

  • Weekly Unemployment Claims Keep Falling, but Slower

 

 

Want great exposure for your business? Sponsoring the weekly newsletter is an affordable and effective way to reach your target customers. Email Megan Bullard for pricing and more information.

The Only Way Through is Together

6/4/2020

 

​Simply put, we know times are hard. We also anticipate that Vermont businesses will need continued help for months to come. The financial and emotional pain caused by the COVID-19 pandemic is significant, and the way we live and work has fundamentally changed.

We want to remind you that we are in this together. The Vermont Chamber is here to serve you during this period of hardship – as your ally, your educator, and your advocate. To best serve you, we need to hear from you, so reach out any time to connect with me and Vermont Chamber leadership.

Our staff has put all their energy into helping businesses across the state survive the impact of COVID-19, through securing financial and regulatory relief, keeping businesses informed of changing policy and support available, and serving as expert contacts. We have also leveraged our partnerships and relationships, including with Vermont legislators, to get you needed help.

Amid all of this, the Vermont Chamber welcomed new staff members, including me. We are all 100 percent committed to helping your businesses succeed now and into the future.

I moved back to Vermont in March from North Carolina. Here is what I know:
  • The team I joined cares deeply about your business. I have watched my colleagues spend countless hours, inside and outside of scheduled work, to understand and communicate information businesses need to survive this pandemic.
  • I have seen our staff work tirelessly testifying in support of legislation that keeps businesses in Vermont afloat.
  • I have had the pleasure of meeting many of you, our Vermont Chamber members, virtually – and I am so proud of how Vermont businesses have shown up during these challenging times. You have shown your true colors – displaying compassion, flexibility, and community spirit.

We are now moving into recovery. The Vermont Chamber remains devoted to helping you – through our team’s service with state leaders directing economic recovery efforts and through careful stewardship of the path forward for business.

Thank you for supporting us as we continue to support you. The only way through this is together. Together, we are stronger, and we will emerge from this crisis on solid ground.
​
Picture
​Sincerely,
​

Erica Canada, ecanada@vtchamber.com
Director of Membership Engagement and Development
​
Vermont Chamber of Commerce

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Copyright 2020 Vermont Chamber of Commerce
Physical Address:
751 Granger Road - Berlin; Barre, VT 05641 
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Mailing Address:
P.O. Box 37; Montpelier, VT 05601 
​Phone: 802.223.3443


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