An act relating to repealing the Vermont Employment Growth Incentive (VEGI) Program sunset

This bill removes the existing deadline that prevents the Vermont Economic Progress Council from accepting new applications for the Vermont Employment Growth Incentive program. Currently, the program is set to stop accepting applications on January 1, 2025, but this legislation would repeal that restriction, allowing the council to continue reviewing and approving new incentive requests beyond that date. The change directly affects businesses and organizations seeking financial incentives to create jobs in Vermont, as it extends the window of opportunity for them to apply. If passed, the program would remain available for applications starting July 1, 2024, rather than closing to new applicants at the end of 2024.