Vermont § 5802 - Vermont Community Investment Board

§ 5802. Vermont Community Investment Board

• (a) A Vermont Community Investment Board, also referred to as the “State Board,” is created
  to administer the provisions of this chapter. The State Board shall be composed of
  the following members or their designees: (1) the Secretary of Commerce and Community Development; (2) the Secretary of Transportation; (3) the Secretary of Natural Resources; (4) the Commissioner of Public Safety; (5) the State Historic Preservation Officer; (6) a member of the community designated by the Director of Racial Equity; (7) a person, appointed by the Governor from a list of three names submitted by the Vermont
  Natural Resources Council and the Preservation Trust of Vermont; (8) a person, appointed by the Governor from a list of three names submitted by the Vermont
  Association of Chamber of Commerce Executives; (9) three public members representative of local government, one of whom shall be designated
  by the Vermont League of Cities and Towns and two of whom shall be appointed by the
  Governor; (10) the Executive Director of the Vermont Bond Bank; (11) the State Treasurer; (12) a member of the Vermont Planners Association designated by the Association; (13) a representative of a regional development corporation designated by the regional
  development corporations; and (14) a representative of a regional planning commission designated by the Vermont Association
  of Planning and Development Agencies. (b) The State Board shall elect a chair and vice chair from among its membership. (c) The Department shall provide legal, staff, and administrative support to the State
  Board; shall produce guidelines to direct municipalities seeking to obtain designation
  under this chapter and for other purposes established by this chapter; and shall pay
  per diem compensation for board members pursuant to 32 V.S.A. § 1010(b). (d) The State Board shall meet at least quarterly. (e) The State Board shall have authority to adopt rules of procedure to use for appeal
  of its decisions and rules on handling conflicts of interest. (f) In addition to any other duties confirmed by law, the State Board shall have the following
  duties: (1) to serve as the funding and benefits coordination body for the State Community Investment
  Program; (2) to review and comment on proposed regional plan future land use maps prepared by the
  regional planning commission and presented to the LURB for designated center and designated
  neighborhood recognition under 10 V.S.A. § 6033; (3) to award tax credits under the 32 V.S.A. § 5930aa et seq.; (4) to manage the Downtown Transportation and Related Capital Improvement Fund Program
  established by section 5808 of this title; and (5) to review and comment on LURB guidelines, rules, or procedures for the regional plan
  future land use maps as they relate to the designations under this chapter. (Added 2023, No. 181 (Adj. Sess.), § 66, eff. June 17, 2024.)