Virginia Community Flood Preparedness Fund; low-income loans, forgiveness of principal. (HB751)

Introduced By

Del. Jay Jones (D-Norfolk)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Community Flood Preparedness Fund; low-income loans; forgiveness of principal. Continues the Virginia Shoreline Resiliency Fund as the Virginia Community Flood Preparedness Fund for the purpose of creating a low-interest loan program to help inland and coastal communities that are subject to recurrent flooding. Moneys from the Fund may be used to mitigate future flood damage, with priority given to projects that implement community-scale mitigation activities or use nature-based solutions. Any locality using moneys from the Fund to provide loans may also forgive the principal of such loans, with the total amount of loans forgiven by all localities not to exceed 30 percent of the total amount appropriated to the Fund in that fiscal year. This bill was incorporated into HB 22. Read the Bill »

Status

02/07/2020: Incorporated into Another Bill

History

DateAction
01/07/2020Committee
01/07/2020Prefiled and ordered printed; offered 01/08/20 20102567D
01/07/2020Referred to Committee on Agriculture, Chesapeake and Natural Resources
01/14/2020Assigned ACNR sub: Chesapeake
01/21/2020Impact statement from DPB (HB751)
01/27/2020House committee, floor amendments and substitutes offered
01/27/2020Subcommittee recommends reporting with substitute (7-Y 1-N)
01/27/2020Subcommittee recommends referring to Committee on Appropriations
01/29/2020Reported from Agriculture, Chesapeake and Natural Resources with substitute (19-Y 3-N) (see vote tally)
01/29/2020Referred to Committee on Appropriations
01/29/2020Assigned App. sub: Commerce Agriculture & Natural Resources
01/29/2020Committee substitute printed 20106847D-H1
02/07/2020Subcommittee recommends incorporating (HB22-Lindsey)
02/07/2020Incorporated by Appropriations (HB22-Lindsey)

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