Date Issued
Submitting OIG
Vermont State Auditor
Agencies Reviewed/Investigated
State of Vermont
Report Number
NA
Report Description
The Economic Recovery Bridge Grant program in H.315 uses 2020 federal tax loss to establish eligibility for grants. Focusing on tax loss may help target limited resources to businesses that need assistance to remain viable. However, federal tax loss could include some deductions that increase 2020 losses but overstate the businesses’ need for financial assistance.
Report Type
Other
Agency Wide
Yes
Location
VT
United States
Professional Standard
Other
Questioned Costs
$0
Funds for Better Use
$0