§ 661. Travel promotion matching fund program There is established a travel promotion matching fund program to serve the following purposes: (1) to allow the State of Vermont to provide part of the funds necessary for a travel promotion chamber or association to conduct promotional programs on a statewide or regional basis in order to […]
§ 662. Allocation of funds (a) Within the limits of available funding, for every dollar raised by the private sector for travel promotion under the provisions of this chapter, the State will provide one dollar in matching funds to be allocated as follows: (1) 75 percent of the State’s dollar will be awarded as grants […]
§ 663. Administration (a) The Department of Economic Development, through the Vermont Department of Tourism and Marketing, shall administer the travel promotion matching funds program with such flexibility so as to bring about the most effective and economical travel promotion program possible. The Department shall adopt rules and procedures necessary and appropriate to the proper […]
§ 664. Application procedures (a) Travel promotion organizations, applying for a matching fund grant, must present their proposed travel development promotion programs to the Vermont Department of Tourism and Marketing in detail, and must further describe sources of local funds available for those purposes. (b) Annually, the Agency, in consultation with the Travel and Recreation […]
§ 665. Bookkeeping systems All tourist promotion organizations will keep records of any applications, transactions, payment receipts, and correspondence relating to the implementation of the matching funds program. (Added 1979, No. 137 (Adj. Sess.), § 2, eff. April 22, 1980.)
§ 666. Reimbursement procedures (a) Upon receipt in writing of satisfactory evidence of program progress and funds expended or committed, the Vermont Department of Tourism and Marketing shall reimburse the organization according to its matching fund contract. Within 60 days of completion of the program, each grant recipient shall provide the Vermont Department of Tourism […]
§ 667. Legislative review The Commissioner of Tourism and Marketing shall annually submit a report on the travel promotion program to the Legislature. (Added 1979, No. 137 (Adj. Sess.), § 2, eff. April 22, 1980; amended 1995, No. 190 (Adj. Sess.), § 1(d).)
