Community Building, Green Collar Economy, Infrastructure, Local Economy, Systems Thinking

Vermont’s Public Banking Bill

Vermont’s Public Banking Bill

Four dynamic organizations in Vermont have formed a coalition to investigate “the costs and benefits of consolidating into a single entity multiple state government operations relating to finance and lending, grant-making, investing, and banking.” Global Community InitiativesDonella Meadows InstituteGund Institute for Ecological Economics, and GNHUSA introduced Senate Bill 55 on January 25, 2013. “The bill defines who will serve on the task force and allocates $25,000 for the work.  The task force will determine if reorganizing financial operations would provide benefits in terms of efficiency and increased economic activity.”

On December 7th these organizations held a conference on the New Vermont Economy in Montpelier attended by members of every sector. The conference was organized using the Open Meeting structure, which is to say, attendees volunteered to lead meetings on topics relating to the overall topic of public banking.

To support the coalition please write a letter to the Vermont Legislature. A directory of legislators can be found by clicking here.

To sign up to become a member of the coalition Click here.

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