Vermont pay-to-move program: Senate approves expansion

Apr 14, 2019 by

MONTPELIER – The Vermont Senate is leaning into a strategy of paying non-Vermonters to bolster the state workforce.

The Legislature’s upper chamber gave preliminary approval Friday to a bill that would pay people up to $7,500 to move to Vermont to take a job. The proposal builds on Vermont’s remote worker incentive, which launched in January.

The current remote worker program has paid 27 people to move to Vermont, said Joan Goldstein, commissioner of the Department of Economic Development.

Those new residents, who work for out-of-state businesses, received an average grant of $3,600, Goldstein said. People can qualify for $5,000 a year for two years, for a total of $10,000, but they must submit actual expenses for reimbursement. The program is still in its first year.

Sen. Randy Brock, R-Franklin, said the grants represent “peanuts” compared to other states’ costly corporate job-creation incentives.

Counting partners and children, the incentive has helped 69 people move to Vermont, Goldstein said.

Source: Vermont pay-to-move program: Senate approves expansion

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