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Vermont board would take 23% fiscal hit by signing on to interstate compact

Interstate compacts—agreements among states to accept other states' occupational licenses, in the same way that states' drivers' licenses are accepted—are good policy, but can mean extra costs for licensing boards and higher fees for licensees, a Vermont study of the interstate nursing compact (eNLC) found in March.

That's because the pool of people paying licensing fees would shrink. In simplified terms, the Vermont Secretary of State reported to thelegislature: The cost of a Vermont license "is determined by regulatory expense divided by . . .

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