VA HB948 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-02-07 - Incorporated by Agriculture, Chesapeake and Natural Resources
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Community Flood Preparedness Fund; Resilient Virginia Revolving Fund; Advisory Review Committees. Requires the Director of the Department of Conservation and Recreation to convene an Advisory Review Committee to assist in the distribution of loans and grants from the Virginia Community Flood Preparedness Fund (the Preparedness Fund) and adds the Advisory Review Committee to the list of those with whom the Department is required to consult in establishing guidelines regarding the distribution and prioritization of loans and grants from the Preparedness Fund. The bill also requires the Director to convene an Advisory Review Committee to assist in the distribution of loans and grants from the Resilient Virginia Revolving Fund (the Revolving Fund) and adds the Secretary of Natural and Historic Resources and the Advisory Review Committee to the list of those with whom the Virginia Resources Authority is required to consult in directing the distribution of grants or loans from the Revolving Fund to particular local governments and establishing the interest rates and repayment terms of such loans. The bill requires the Department to make available for public inspection at the office of the Department and on a publicly accessible website records of each application for grants and loans from the two Funds and the actions taken thereon, post such applications within 15 calendar days of the loan or grant round application deadline, and provide an opportunity for a 30-day public comment period prior to each new loan offering to solicit feedback on proposed revisions to the funds' manuals.

Tracking Information

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Title

VA Community Flood Preparedness Fund; Advisory Review Committee to assist in distribution of loans.

Sponsors


History

DateChamberAction
2024-02-07HouseIncorporated by Agriculture, Chesapeake and Natural Resources
2024-02-05HouseSubcommittee recommends incorporating (HB1458-Hernandez) by voice vote
2024-01-26HouseAssigned ACNR sub: Chesapeake
2024-01-24HouseReferred to Committee on Agriculture, Chesapeake and Natural Resources
2024-01-24HouseReferred from Appropriations by voice vote
2024-01-09HouseReferred to Committee on Appropriations
2024-01-09HousePrefiled and ordered printed; offered 01/10/24 24101537D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
101603.25(n/a)See Bill Text
101603.29(n/a)See Bill Text

Virginia State Sources


Bill Comments

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