The bill H.674 proposes the establishment of the Vermont Sister State Program, which will be managed by a newly formed Sister State Program Committee under the Agency of Commerce and Community Development. The purpose of this program is to enhance Vermont's international relations and promote cultural exchange, economic development, educational cooperation, and diplomatic collaboration with subnational governments abroad. The Committee will consist of various appointed members, including representatives from the House and Senate, as well as individuals with expertise in cultural exchange and higher education. The Committee will oversee the application process for potential sister state partnerships, ensuring a structured review and recommendation process to the Governor.

Additionally, the bill includes the repeal of the Vermont-Ireland Trade Commission, effectively dissolving that entity. The new Sister State Program will have defined procedures for application, review, and approval, including a requirement for the Governor to provide final approval on recommended applications. The Committee will also be responsible for submitting an annual report detailing the program's activities, outcomes, and future objectives. The act is set to take effect upon passage.