The bill S.225, introduced by Senators Clarkson and Brock, aims to amend the Vermont Economic Growth Incentive Program by removing the prospective repeal of the program. Specifically, it deletes the provision that prohibits the Vermont Economic Progress Council from accepting or approving applications for the Vermont Employment Growth Incentive after January 1, 2027. This change is intended to ensure the continuation of the program beyond the previously established deadline.

Additionally, the bill establishes an effective date for the changes, stating that the act will take effect on July 1, 2026. By eliminating the repeal, the bill seeks to support ongoing economic growth initiatives in Vermont, allowing businesses to continue to benefit from the incentives provided under the program.