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2015 SESSION


CHAPTER 474
An Act to amend the Code of Virginia by adding a section numbered 62.1-229.5, relating to loans for the creation of living shorelines.
[H 1734]
Approved March 23, 2015

 

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 62.1-229.5 as follows:

§ 62.1-229.5. Loans for living shorelines.

Loans may be made from the Fund, in the Board's discretion, (i) to a local government for the purpose of establishing living shorelines, as defined in § 28.2-104.1, to protect or improve water quality and prevent the pollution of state waters or (ii) to a local government that has developed a funding program to provide low-interest loans or other incentives to individual citizens of the Commonwealth to facilitate the establishment of living shorelines to protect or improve water quality and prevent the pollution of state waters. The Board shall develop guidelines for the administration of such loans.