§ 4605. Vermont Working Lands Enterprise Fund

There is created a special fund in the State Treasury to be known as the “Vermont Working Lands Enterprise Fund.” Notwithstanding any contrary provisions of 32 Vt. Stat. Ann. chapter 7, subchapter 5:

(1) The Fund shall be administered and the monies in the Fund shall be expended by the Vermont Working Lands Enterprise Board created in section 4606 of this title.

(2) The Fund shall be composed of monies from time to time appropriated to the Fund by the General Assembly or received from any other source, private or public, approved by the Board, and unexpended balances and any earnings shall remain in the Fund from year to year.

(3) The Board shall make expenditures from the Fund consistent with the duties and authority of the Board established by section 4607 of this title. (Added 2011, No. 142 (Adj. Sess.), § 1, eff. May 15, 2012.)