1 | 1 | | BILL AS INTRODUCED S.78 |
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2 | 2 | | 2025 Page 1 of 4 |
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5 | 5 | | VT LEG #380308 v.1 |
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6 | 6 | | S.78 1 |
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7 | 7 | | Introduced by Senators Baruth, Beck, Bongartz, Brock, Chittenden, Clarkson, 2 |
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8 | 8 | | Collamore, Cummings, Harrison, Hashim, Ingalls, Mattos, 3 |
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9 | 9 | | Norris, Perchlik, Plunkett, Watson, Weeks, White and Williams 4 |
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10 | 10 | | Referred to Committee on 5 |
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11 | 11 | | Date: 6 |
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12 | 12 | | Subject: Commerce and trade; international trade; trade commissions 7 |
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13 | 13 | | Statement of purpose of bill as introduced: This bill proposes to create the 8 |
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14 | 14 | | Vermont-Ireland Trade Commission to advance bilateral trade, investment, and 9 |
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15 | 15 | | cultural exchange between Vermont and Ireland. 10 |
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16 | 16 | | An act relating to the creation of the Vermont-Ireland Trade Commission 11 |
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17 | 17 | | It is hereby enacted by the General Assembly of the State of Vermont: 12 |
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18 | 18 | | Sec. 1. 9 V.S.A. chapter 111B is added to read: 13 |
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19 | 19 | | CHAPTER 111B. TRADE COMMISSIONS 14 |
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20 | 20 | | § 4129. VERMONT-IRELAND TRADE COMMISSION 15 |
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21 | 21 | | (a) The Vermont-Ireland Trade Commission is established within the State 16 |
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22 | 22 | | Treasurer’s office to advance bilateral trade and investment between Vermont 17 |
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23 | 23 | | and Ireland. The Commission shall consist of 10 members as follows: 18 |
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24 | 24 | | (1) three members, appointed by the Governor; 19 |
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25 | 25 | | (2) three members, appointed by the Speaker of the House; 20 BILL AS INTRODUCED S.78 |
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29 | 29 | | VT LEG #380308 v.1 |
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30 | 30 | | (3) three members, appointed by the Senate Committee on Committees; 1 |
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31 | 31 | | and 2 |
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32 | 32 | | (4) the State Treasurer or designee. 3 |
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33 | 33 | | (b) The purposes of the Vermont-Ireland Trade Commission are to: 4 |
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34 | 34 | | (1) advance bilateral trade and investment between Vermont and 5 |
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35 | 35 | | Ireland; 6 |
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36 | 36 | | (2) initiate joint action on policy issues of mutual interest to Vermont 7 |
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37 | 37 | | and Ireland; 8 |
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38 | 38 | | (3) promote business and academic exchanges between Vermont and 9 |
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39 | 39 | | Ireland; 10 |
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40 | 40 | | (4) encourage mutual economic support between Vermont and Ireland; 11 |
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41 | 41 | | (5) encourage mutual investment in the infrastructure of Vermont and 12 |
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42 | 42 | | Ireland; and 13 |
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43 | 43 | | (6) address other issues as determined by the Commission. 14 |
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44 | 44 | | (c) The members of the Commission, except for the State Treasurer or 15 |
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45 | 45 | | designee, shall be appointed for terms of four years each and shall continue to 16 |
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46 | 46 | | serve until their successors are appointed, except that in order to achieve 17 |
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47 | 47 | | staggered terms, the three members appointed by the Governor shall serve 18 |
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48 | 48 | | initial terms of two years each and the three members appointed by the Speaker 19 |
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49 | 49 | | of the House shall serve initial terms of three years each. Members may be 20 BILL AS INTRODUCED S.78 |
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53 | 53 | | VT LEG #380308 v.1 |
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54 | 54 | | reappointed. A member serves at the pleasure of the member’s appointing 1 |
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55 | 55 | | authority. 2 |
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56 | 56 | | (d) A vacancy in the membership of the Commission shall be filled by the 3 |
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57 | 57 | | relevant appointing authority within 90 days after the vacancy. 4 |
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58 | 58 | | (e) The Commission shall select a chair from among its members at the 5 |
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59 | 59 | | first meeting. The Chair, as appropriate, may appoint from among the 6 |
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60 | 60 | | Commission members subcommittees or a subcommittee at the Chair’s 7 |
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61 | 61 | | discretion. A majority of the members of the Commission shall constitute a 8 |
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62 | 62 | | quorum for purposes of transacting the business of the Commission. 9 |
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63 | 63 | | (f) The Commission shall submit a written report with its findings, results, 10 |
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64 | 64 | | and recommendations to the Governor and the General Assembly within one 11 |
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65 | 65 | | year of its initial organizational meeting and on or before December 1 of each 12 |
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66 | 66 | | succeeding year for the activities of the current calendar year. 13 |
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67 | 67 | | (g) The Vermont-Ireland Trade Commission is authorized to raise funds, 14 |
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68 | 68 | | through direct solicitation or other fundraising events, alone or with other 15 |
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69 | 69 | | groups, and accept donations, grants, and bequests from individuals, 16 |
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70 | 70 | | corporations, foundations, governmental agencies, and public and private 17 |
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71 | 71 | | organizations and institutions, to defray the Commission’s administrative 18 |
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72 | 72 | | expenses and to carry out its purposes as set forth in this chapter. The funds, 19 |
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73 | 73 | | donations, grants, or bequests received pursuant to this chapter shall be 20 |
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74 | 74 | | deposited in a bank account and allocated annually by the State Treasurer’s 21 BILL AS INTRODUCED S.78 |
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78 | 78 | | VT LEG #380308 v.1 |
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79 | 79 | | office to defray the Commission’s administrative expenses and carry out its 1 |
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80 | 80 | | purposes. Any monies so withdrawn shall not be used for any purpose other 2 |
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81 | 81 | | than the payment of expenses under this chapter. Interest earned shall remain 3 |
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82 | 82 | | in the bank account. 4 |
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83 | 83 | | (h) Members of the Commission shall not receive compensation or be 5 |
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84 | 84 | | entitled to reimbursement of expenses by the State of Vermont for their service 6 |
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85 | 85 | | on the Commission. 7 |
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86 | 86 | | Sec. 2. INITIAL APPOINTMENT DEADLINE FOR VERMONT -IRELAND 8 |
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87 | 87 | | TRADE COMMISSION 9 |
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88 | 88 | | Initial appointments to the Vermont-Ireland Trade Commission shall be 10 |
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89 | 89 | | made not later than October 1, 2025. 11 |
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90 | 90 | | Sec. 3. REPEAL; VERMONT-IRELAND TRADE COMMISSION 12 |
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91 | 91 | | 9 V.S.A. § 4129 (Vermont-Ireland Trade Commission) as added by this act 13 |
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92 | 92 | | is repealed on June 30, 2030. 14 |
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93 | 93 | | Sec. 4. EFFECTIVE DATE 15 |
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94 | 94 | | This act shall take effect on July 1, 2025. 16 |
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