Vermont § 662 - Allocation of funds

§ 662. Allocation of funds

• (a) Within the limits of available funding, for every dollar raised by the private sector
  for travel promotion under the provisions of this chapter, the State will provide
  one dollar in matching funds to be allocated as follows: (1) 75 percent of the State’s dollar will be awarded as grants to approved travel promotion
  chamber or association programs. (2) 25 percent of the State’s dollar will go into the Vermont Department of Tourism and
  Marketing’s promotion budget specifically for the purpose of executing an umbrella
  advertising campaign under which the private sector programs will operate. (b) The minimum grant to be matched by any single travel promotion chamber or association
  is $1,000.00. (c) The maximum grant to be matched by any single travel promotion chamber or association
  is $25,000.00. (Added 1979, No. 137 (Adj. Sess.), § 2, eff. April 22, 1980.)