Bill H.124 proposes the establishment of an annual supervision and regulation report to be prepared by the Commissioner of Financial Regulation. This report aims to enhance public transparency regarding the Department's supervisory and regulatory policies, actions, and the current conditions of the industries it oversees. The report will include a general description of regulatory compliance, financial and market conditions, an assessment of regulatory fees, a review of emerging trends, and any additional relevant information deemed necessary by the Commissioner. The report is to be submitted to the General Assembly by January 15, 2026, and annually thereafter.

The bill introduces new legal language under 8 V.S.A. by adding a section specifically dedicated to the supervision and regulation report. It also specifies that the act will take effect upon passage. This initiative reflects a commitment to regulatory oversight and aims to provide stakeholders with comprehensive insights into the financial regulation landscape in Vermont.