Virginia Community Flood Preparedness Fund; definitions, low-income loans, forgiveness of principal. (SB320)

Introduced By

Sen. Lynwood Lewis (D-Accomac) with support from co-patron Del. Alex Askew (D-Virginia Beach)

Progress

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

Description

Virginia Community Flood Preparedness Fund; loans. 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. Read the Bill »

Status

02/24/2020: In Committee

History

DateAction
01/06/2020Prefiled and ordered printed; offered 01/08/20 20103519D
01/06/2020Referred to Committee on Agriculture, Conservation and Natural Resources
01/21/2020Impact statement from DPB (SB320)
01/28/2020Reported from Agriculture, Conservation and Natural Resources with substitite (15-Y 0-N) (see vote tally)
01/28/2020Committee substitute printed 20106966D-S1
01/28/2020Rereferred to Finance and Appropriations
02/06/2020Reported from Finance and Appropriations with amendment (16-Y 0-N) (see vote tally)
02/10/2020Constitutional reading dispensed (36-Y 0-N) (see vote tally)
02/11/2020Printed as engrossed 20106966D-ES1
02/11/2020Floor substitute printed 20108073D-S2 (Lewis)
02/11/2020Read second time
02/11/2020Committee substitute rejected 20106966D-S1
02/11/2020Committee amendment rejected
02/11/2020Reading of substitute waived
02/11/2020Substitute by Senator Lewis agreed to 20108073D-S2
02/11/2020Engrossed by Senate - floor substitute SB320S2
02/11/2020Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/11/2020Passed Senate (39-Y 0-N) (see vote tally)
02/11/2020Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/11/2020Passed Senate (40-Y 0-N) (see vote tally)
02/21/2020Impact statement from DPB (SB320S2)
02/24/2020Placed on Calendar
02/24/2020Read first time
02/24/2020Referred to Committee on Agriculture, Chesapeake and Natural Resources

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