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Terms Used In Vermont Statutes Title 21 Sec. 1462

  • compensation: means the money payments payable to an individual, as provided in this chapter, with respect to his or her unemployment. See

§ 1462. Period of dormancy

On July 1, 2020, the Short-Time Compensation Program established pursuant to sections 1451-1461 of this subchapter shall cease operation and shall not resume operation unless directed to do so by enactment of the General Assembly or, if the General Assembly is not in session, by order of the Joint Fiscal Committee. The Joint Fiscal Committee shall issue such order only upon finding that, due to a change in circumstances, resumption of the Short-Time Compensation Program would be the most effective way to assist employers in avoiding layoffs. Upon the effective date of such an enactment or order, the Short-Time Compensation Program shall resume operation pursuant to the provisions of sections 1451-1461 of this subchapter. (Added 2019, No. 85 (Adj. Sess.), § 20, eff. Feb. 20, 2020.)