Maddy summaryH.137 regulates virtual currency business activities, particularly those involving virtual-currency kiosks, to protect consumers. It requires licensed virtual currency operators to provide clear disclosures to customers before engaging in any activity, outlining fee schedules, insurance coverage, and liability for unauthorized transfers, and stating that virtual currency is not money. For each transaction at a virtual-currency kiosk, operators must disclose specific details such as transaction amounts, fees, refund policies, and daily limits. These measures aim to ensure transparency for individuals using virtual currency services.
Rep. Michael Marcotte
Sponsored bills
Maddy summaryH 206, titled "An act relating to the Uniform Commercial Code," makes specific amendments to the Uniform Commercial Code. These changes primarily affect the transitional provisions for Articles 9 and 12 of the UCC. One amendment clarifies the timing of validly entered transactions by inserting the word "before" into a relevant clause. Another modification removes the specific date "July 1, 2025" from a provision concerning the act's amendments, potentially altering its implementation timeline. These adjustments impact the legal framework for commercial transactions governed by the Uniform Commercial Code.
Maddy summaryH.96 increases the monetary thresholds requiring a certificate of need for healthcare projects in Vermont. It raises the cost limits from current levels (e.g., $1.5 million for facility capital costs to $10 million) to $10 million or $50 million for larger projects. The bill directly affects hospitals and healthcare facilities that would previously need state approval for projects exceeding these thresholds. It also exempts healthcare services or facility projects resulting from state contracts from the certificate requirement. This change reduces regulatory burden for many healthcare investments by raising the cost bar for mandatory review.
Maddy summaryHouse Bill 34 designates the Commissioner of Labor and the Executive Director of the Office of Workforce Strategy and Development as co-leaders for workforce education and training in Vermont. This legislation outlines their authority and responsibility to coordinate state government workforce programs. It requires them to develop a state plan, align training with job market needs, and establish performance measures for workforce activities. The bill also mandates that businesses and training providers receiving state funding submit reports evaluating their training results, and it requires the collection of individual-level data to assess program effectiveness.
Maddy summaryHCR 134 is a House concurrent resolution that honors Cassandra Polhemus for her exemplary leadership as the chief executive officer of the Vermont Economic Development Authority (VEDA). It recognizes her achievements, including overseeing VEDA's lending commitments and its response to the pandemic.
Maddy summaryHCR 126 is a House concurrent resolution congratulating the 2024 Spirit of the ADA Award winners, which are businesses and nonprofit organizations recognized for their commitment to employing people with disabilities. The resolution also directs the Secretary of State to send copies to the award recipients and the Governor’s Committee on the Employment of People with Disabilities.
Maddy summaryH 243, "An act relating to the regulation of business organizations," standardizes the process for business entities to obtain a "certificate of good standing" from the Secretary of State. The bill defines what these certificates confirm, such as a business's legal existence, payment of required fees, and up-to-date filings. It allows any person to request and receive these certificates for various types of organizations, including limited liability companies, corporations, and mutual benefit enterprises. This clarifies the administrative requirements for businesses operating within the state.
Maddy summaryHCR 118 is a House Concurrent Resolution that commends Team Trumie and Truman Compton for their advocacy, community engagement, and efforts to foster public awareness and acceptance of autism. The resolution specifically recognizes their work in raising funds, donating resources, and promoting understanding of autism within the community.
Maddy summaryHCR 122 is a House concurrent resolution that officially recognizes the week of May 6-12 as National Nurses Week in Vermont. This resolution serves to acknowledge and celebrate the contributions of nurses within the state.
Maddy summaryThis House concurrent resolution commemorates the 50th anniversary of the conclusion of the Vietnam War, which took place on April 30, 1975. The resolution directs the General Assembly to acknowledge this anniversary and sends copies to the Vermont State Council of the Vietnam Veterans of America, the American Legion Department of Vermont, and the Veterans of Foreign Wars Department of Vermont.