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2020 SESSION
HB 22 Virginia Community Flood Preparedness Fund; loan and grant program.
Introduced by: Joseph C. Lindsey | all patrons ... notes | add to my profiles
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)
Virginia Community Flood Preparedness Fund; loan and grant program. Continues the Virginia Shoreline Resiliency Fund as the Virginia Community Flood Preparedness Fund, providing that the Fund shall include all sums that are deposited from revenue generated by the sale of emissions allowances and are designated to assist localities affected by recurrent flooding, sea level rise, and flooding from severe weather events. The bill directs the Virginia Resources Authority to manage the Fund and the Department of Conservation and Recreation to administer the Fund. The measure authorizes the Authority to manage the Fund in accordance with a memorandum of agreement with the Department and to pledge the assets of the Fund as security for any bonds issued to finance flood prevention or protection projects. The bill authorizes localities to lend or grant money from the Fund to implement flood prevention and protection projects and studies, requiring that at least 25 percent of the money disbursed from the Fund each year be used for projects in low-income geographic areas. The measure also authorizes any locality to forgive the principal of a loan it grants in a low-income geographic area so long as the total amount of loans forgiven by all localities does not exceed 30 percent of the amount appropriated to the Fund during the fiscal year. The bill provides that any locality that forgives such a loan remains obligated to pay the principal to the Commonwealth. This bill incorporates HB 751 and is identical to SB 320.
FULL TEXT
- 11/19/19 House: Prefiled and ordered printed; offered 01/08/20 20100479D pdf | impact statement
- 02/07/20 House: Committee substitute printed 20107999D-H1 pdf | impact statement
- 03/04/20 House: Bill text as passed House and Senate (HB22ER) pdf | impact statement
- 04/22/20 House: Reenrolled bill text (HB22ER2) pdf
- 04/22/20 Governor: Acts of Assembly Chapter text (CHAP1199) pdf
AMENDMENTS
- House subcommittee amendments and substitutes offered
- House subcommittee amendments and substitutes adopted
- Governor's recommendation
HISTORY
- 11/19/19 House: Prefiled and ordered printed; offered 01/08/20 20100479D
- 11/19/19 House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
- 01/14/20 House: Assigned ACNR sub: Chesapeake
- 02/03/20 House: Subcommittee recommends reporting (7-Y 0-N)
- 02/03/20 House: Subcommittee recommends referring to Committee on Appropriations
- 02/05/20 House: Reported from Agriculture, Chesapeake and Natural Resources (21-Y 0-N)
- 02/05/20 House: Referred to Committee on Appropriations
- 02/05/20 House: Assigned App. sub: Commerce Agriculture & Natural Resources
- 02/07/20 House: Subcommittee recommends reporting with substitute (8-Y 0-N)
- 02/07/20 House: Committee substitute printed 20107999D-H1
- 02/07/20 House: Incorporates HB751 (Jones)
- 02/07/20 House: Reported from Appropriations with substitute (22-Y 0-N)
- 02/09/20 House: Read first time
- 02/10/20 House: Read second time
- 02/10/20 House: Committee substitute agreed to 20107999D-H1
- 02/10/20 House: Engrossed by House - committee substitute HB22H1
- 02/11/20 House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 02/11/20 House: VOTE: Block Vote Passage (99-Y 0-N)
- 02/12/20 Senate: Constitutional reading dispensed
- 02/12/20 Senate: Referred to Committee on Agriculture, Conservation and Natural Resources
- 02/18/20 Senate: Reported from Agriculture, Conservation and Natural Resources (13-Y 0-N)
- 02/18/20 Senate: Rereferred to Finance and Appropriations
- 02/25/20 Senate: Reported from Finance and Appropriations (14-Y 0-N)
- 02/26/20 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/27/20 Senate: Read third time
- 02/27/20 Senate: Passed Senate (39-Y 1-N)
- 03/04/20 House: Enrolled
- 03/04/20 House: Bill text as passed House and Senate (HB22ER)
- 03/05/20 House: Signed by Speaker
- 03/05/20 Senate: Signed by President
- 03/12/20 House: Enrolled Bill communicated to Governor on March 12, 2020
- 03/12/20 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
- 04/11/20 House: Governor's recommendation received by House
- 04/22/20 House: Placed on Calendar
- 04/22/20 House: Passed by temporarily
- 04/22/20 House: House concurred in Governor's recommendation (64-Y 29-N)
- 04/22/20 House: VOTE: (64-Y 29-N)
- 04/22/20 Senate: Senate concurred in Governor's recommendation (40-Y 0-N)
- 04/22/20 Senate: Reconsideration of Governor's recommendation agreed to (38-Y 1-N)
- 04/22/20 Senate: Senate concurred in Governor's recommendation (40-Y 0-N)
- 04/22/20 Governor: Governor's recommendation adopted
- 04/22/20 House: Reenrolled
- 04/22/20 House: Reenrolled bill text (HB22ER2)
- 04/22/20 House: Signed by Speaker as reenrolled
- 04/22/20 Senate: Signed by President as reenrolled
- 04/22/20 House: Enacted, Chapter 1199 (effective 7/1/20)
- 04/22/20 Governor: Acts of Assembly Chapter text (CHAP1199)