Page 38

No. 76 Page 38 of 74 2023

VT LEG #371318 v.1 (2) two full-time, classified tax examiners within the Compliance Division; (3) three full-time, classified tax compliance officers within the Compliance Division; (4) one full-time, classified financial specialist III within the Revenue Accounting and Returns Processing Division; and (5) one business analyst–tax within the VTax Division. (b) In fiscal year 2024, the amount of $4,200,000.00 is appropriated from the General Fund to the Department of Taxes to be used for the implementation of the Child Care Contribution pursuant to 32 V.S.A. chapter 246 created by this act. * * * Workers’ Compensation * * * Sec. 26. WORKERS’ COMPENSATION RATE OF CONTRIBUTION For fiscal year 2024, after consideration of the formula in 21 V.S.A. § 711(b) and historical rate trends, the General Assembly determines that the rate of contribution for the direct calendar year premium for workers’ compensation insurance shall be 1.5 percent. The contribution rate for self- insured workers’ compensation losses and workers’ compensation losses of corporations approved under 21 V.S.A. chapter 9 shall remain at one percent. Sec. 27. 21 V.S.A. § 711 is amended to read: § 711. WORKERS’ COMPENSATION ADMINISTRATION FUND * * *