(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 Execut
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(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.)