Vermont § 1595 - Other civil penalties

§ 1595. Other civil penalties

• (a) If a holder enters into a contract or other arrangement for the purpose of evading
  an obligation under this chapter or otherwise willfully fails to perform a duty imposed
  on the holder under this chapter, the Administrator may require the holder to pay
  the Administrator, in addition to interest as provided in subsection 1594(a) of this
  title, a civil penalty of $1,000.00 for each day the obligation is evaded or the duty
  is not performed, up to a cumulative maximum amount of $25,000.00, plus 25 percent
  of the amount or value of property that should have been but was not reported, paid,
  or delivered as a result of the evasion or failure to perform. (b) If a holder makes a fraudulent report under this chapter, the Administrator may require
  the holder to pay to the Administrator, in addition to interest under subsection 1594(a) of this title, a civil penalty of $1,000.00 for each day from the date the report was made until
  corrected, up to a cumulative maximum of $25,000.00, plus 25 percent of the amount
  or value of any property that should have been reported but was not included in the
  report or was underreported. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021; amended 2023, No. 161 (Adj. Sess.), § 30, eff. June 6, 2024.)