The bill H.9 proposes the reinstatement of a Cost-Savings Incentive Program for employees in the Executive and Judicial Branches of Vermont. This program aims to encourage state employees to submit suggestions that could lead to financial savings for the state government. The bill introduces new legal language that establishes the program, defines key terms such as "State employee" and "Suggestion," and outlines the eligibility criteria for employees to receive financial awards based on the savings generated from their suggestions. The awards will be calculated as 25% of the savings realized in the first year of implementation, with a maximum cap of $25,000.

Additionally, the bill specifies the process for evaluating suggestions, including the criteria that must be met for an award to be granted. It also establishes a review panel for rejected suggestions and outlines the reporting requirements for the State Auditor and Court Administrator regarding the program's outcomes. The act is set to take effect on July 1, 2025.