Virginia Community Flood Preparedness Fund; loan and grant program, deferment of interest accrual.
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What it does
Official summary
Virginia Community Flood Preparedness Fund; loan and grant program; deferment of interest accrual and repayment obligations. Provides that for funds disbursed to localities, federally recognized tribes, and Virginia recognized tribes primarily for the purpose of implementing flood prevention and protection projects and studies in areas that are subject to recurrent flooding, interest on loans shall not accrue and repayment obligations shall not come into effect for loans or grants until completion of the project or study for which such funds are disbursed. This bill is a recommendation of the Joint Subcommittee on Recurrent Flooding.
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More on this bill
Where it stands
Introduced
Passed Senate
Passed House
To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Apr 12Governor's recommendation received by SenateLatest
Mar 10Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
Mar 10Enrolled Bill communicated to Governor on March 10, 2026Minor
Mar 5Signed by PresidentMajor
Mar 5Signed by SpeakerMajor
Mar 5Fiscal Impact Statement from Department of Planning and Budget (SB197)
Mar 5Bill text as passed Senate and House (SB197ER)Major
Mar 5EnrolledMinor
Mar 2Passed House (99-Y 0-N 0-A)Major
Vote recorded H VOTE:. Result: pass.Lower
Vote recorded H VOTE:. Result: pass.Lower
Mar 2Reconsideration of passage agreed to by House
Mar 2Passed House (98-Y 0-N 0-A)Passed House
Mar 2Read third timeMinor
Feb 27Read second timeMinor
Feb 25Reported from Appropriations (22-Y 0-N)Minor
Vote recorded Reported from Appropriations. Result: pass.Lower
Feb 18Assigned HAPP sub: Commerce Agriculture & Natural ResourcesMinor
Feb 18Referred to Committee on AppropriationsMinor
Feb 18Read first timeMinor
Feb 18Placed on Calendar
Feb 13Read third time and passed Senate (39-Y 0-N 0-A)Passed Senate
Vote recorded Passage R. Result: pass.Upper
Feb 12Engrossed by Senate (Voice Vote)
Feb 12Read second timeMinor
Feb 11Passed by for the day Block Vote (Voice Vote)
Vote recorded Constitutional reading dispensed R. Result: pass.Upper
Feb 11Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
Feb 11Rules suspended
Feb 10Reported from Finance and Appropriations (15-Y 0-N)Minor
Vote recorded Reported from Finance and Appropriations. Result: pass.Upper
Feb 3Reported from Agriculture, Conservation and Natural Resources and rereferred to Finance and Appropriations (14-Y 0-N)Minor
Vote recorded Reported from Agriculture, Conservation and Natural Resources. Result: pass.Upper
Jan 27Assigned HACNR sub: Water UsageMinor
Jan 26Fiscal Impact Statement from Department of Planning and Budget (SB197)
Jan 9Referred to Committee on Agriculture, Conservation and Natural ResourcesMinor
Jan 9Prefiled and ordered printed; Offered 01-14-2026 26102394DIntroduced