Monday, May 18, 2009

VT #1 in Insurance (again)

Vermont was named the #1 state for insurance, for the second year in a row, according to a report from the Heartland Institute.

Sexy stuff, right?

Well, yes, if you think lower taxes are sexy. Insurance companies are a big industry in Vermont, especially in captive markets (that's basically companies who self-insure). And that means big tax revenues for Vermont (which means lower taxes for the rest of Vermonters). We all win.

Which is why we passed legislation this year that bolsters the insurance industry. That's another way that the Legislature is making Vermont better for business.

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Friday, May 01, 2009

Save VT's Car Dealers!

Vermont car dealers need help. Ten failed this year, and only 88 remain.

I'm working with my committee on a bill that will protect them from the Big Manufacturers.

The bill is S.51 and it looks likely to pass next week. Keep your fingers crossed...!


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Update: May 8 -- the bill passed two days ago and was sent to the Governor for his signature (which is widely expected). Below are links to two articles on the subject:

Free Press: http://www.burlingtonfreepress.com/article/20090508/BUSINESS/905080303/Bill+would+aid+Vermont+auto+dealers

Times Argus:
http://www.timesargus.com/article/20090506/NEWS/905069997/1002/NEWS01