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BILL AS INTRODUCED 2007-2008

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H.426

Introduced by   Representatives Botzow of Pownal, Jerman of Essex, Johnson of South Hero, Kitzmiller of Montpelier, Livingston of Manchester and Marcotte of Coventry

Referred to Committee on

Date:

Subject:  Commerce and trade; inventors’ assistance

Statement of purpose:  This bill proposes to authorize a study to find ways for the state to encourage entrepreneurship and inventiveness and the development of ideas into Vermont products.

AN ACT RELATING TO INVENTORS’ ASSISTANCE

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

Sec. 1.  INVENTORS’ ASSISTANCE STUDY

(a)  The commissioner of the department of information and innovation shall commission a study by the Vermont council on rural development (VCRD) on ways the state can encourage entrepreneurship and inventiveness and develop ideas into Vermont products.  VCRD shall work with representatives of the entrepreneurial community from all over the state, including from the University of Vermont, International Business Machines, and Invent Vermont.  VRCD shall look at the successes and failures of inventors’ assistance programs in other states and the kinds of support needed in Vermont.  VRCD, in collaboration with the department of economic development, shall develop initiatives and legislative proposals for programs.  A report on the results of this study shall be presented to the house committee on commerce and the senate committee on economic development, housing and military affairs on or before January 15, 2008.

(b)  The sum of $50,000.00 is appropriated from the general fund in 2008 to the department of information and innovation for the purposes of this act.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us