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H.690

AN ACT RELATING TO THE IDENTIFICATION, DOCUMENTATION, AND ADVANCEMENT OF THE CREATIVE SECTOR OF THE STATE’S ECONOMY

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1.  Legislative Findings and Intent

(a)  The general assembly finds that the heritage, art, culture, innovation, and inventiveness of the people of Vermont are central to the fabric of each Vermont community, and that collectively they form the “creative economy” of the state, an economic sector that inspires innovation, creates jobs, and produces revenue throughout the state.

(b)  It is therefore the intent of the general assembly, by this act, to identify and document Vermont’s creative economy in order to engage and build the capacity of its cultural resources to reenergize communities, revitalize downtowns, and reactivate economic development that builds on heritage, preservation, creativity, innovation, and the entrepreneurial spirit.

Sec. 2.  IDENTIFICATION AND DOCUMENTATION OF THE CREATIVE

             ECONOMY SECTOR

(a)  The legislative joint fiscal office, with the assistance of the legislative council, shall undertake an analysis of the creative economy sector concept as it would apply to Vermont.  The analysis shall include:

(1)  A discussion of  possible working definitions of the creative economy in the state, identifying and aggregating the creative, artistic, inventive, and cultural enterprises comprising that sector of the state’s economy.

(2)  A review of possible measures or indicators of economic benefits, costs, and contributions to the state from the creative economy sector.

(3)  A survey of initiatives that have been adopted in other jurisdictions to promote creative economy endeavors.

(b)  As part of the study the fiscal office shall invite input from the Agency of Commerce & Community Development, the University of Vermont and others interested in creative economy initiatives.

(c)   The joint fiscal office and legislative council shall report any findings and analyses to the House Committee on Commerce, the House Committee on Ways and Means, the Senate Committee on Economic Development, Housing and General Affairs, and the Senate Committee on Finance on or before January 15, 2007.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us