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2019 SESSION

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19104155D
HOUSE BILL NO. 2783 Offered January 18, 2019 A BILL to amend and reenact § 62.1-229.5 of the Code of Virginia, relating to living shorelines; loans to businesses. ---------- Patron-- Hodges ---------- Referred to Committee on Agriculture, Chesapeake and Natural Resources ----------

Be it enacted by the General Assembly of Virginia:

1. That § 62.1-229.5 of the Code of Virginia is amended and reenacted 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 businesses or 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.