Vermont § 3330 - Purpose; form of incentives; enhanced incentives; eligible applicant
Full text of Vermont Vermont Statutes Online § 3330 — Purpose; form of incentives; enhanced incentives; eligible applicant, with citation guidance and answers to common questions.
§ 3330. Purpose; form of incentives; enhanced incentives; eligible applicant
- (a) Purpose. The purpose of the Vermont Employment Growth Incentive Program is to generate net
new revenue to the State by encouraging a business to add new payroll, create new
jobs, and make new capital investments and sharing a portion of the revenue with the
business. (b) Form of incentives; enhanced incentives. (1) The Vermont Economic Progress Council may approve an incentive under this subchapter
in the form of a direct cash payment in annual installments. (2) The Council may approve the following enhanced incentives: (A) an enhanced incentive for a business in a labor market area with higher than average
unemployment or lower than average wages pursuant to section 3334 of this title; and (B) an enhanced incentive for an environmental technology business pursuant to section 3335 of this title. (C) [Repealed.] (c) Eligible applicant. Only a business may apply for an incentive pursuant to this subchapter. (Added 2015, No. 157 (Adj. Sess.), § H.1, eff. Jan. 1, 2017; amended 2021, No. 105 (Adj. Sess.), § 504, eff. July 1, 2022.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 3330
What does Vermont Statutes Online § 3330 cover?
Section 3330 ("Purpose; form of incentives; enhanced incentives; eligible applicant") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 3330?
A common citation format is "Vermont Statutes Online § 3330" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 3330 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.