HB 70: Resilient Virginia Revolving Fund; projects in low-income geographic areas, nature-based solutions.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Resilient Virginia Revolving Fund; projects; low-income geographic areas and nature-based solutions. Provides that the Department of Conservation and Recreation shall give additional weight to projects located in low-income geographic areas and projects that incorporate nature-based solutions when distributing loans or grants from the Resilient Virginia Revolving Fund to particular local governments. The bill allows the Virginia Resources Authority to contract with any person to serve as a program administrator to be approved by the Department to assist in the distribution of loans and grants to local governments. As introduced, this bill was a recommendation of the Joint Subcommittee on Recurrent Flooding.

Sponsors

Sponsors by party (alphabetical): Democratic 2

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. April 6, 2026Acts of Assembly Chapter text (CHAP0057)
2. April 6, 2026Approved by Governor-Chapter 57 (effective 7/1/2026)
3. March 25, 2026Governor's Action Deadline 11:59 p.m., April 13, 2026
4. March 25, 2026Enrolled Bill communicated to Governor on March 25, 2026
5. March 16, 2026Fiscal Impact Statement from Department of Planning and Budget (HB70)
6. March 14, 2026Signed by President
7. March 14, 2026Signed by Speaker
8. March 14, 2026Bill text as passed House and Senate (HB70ER)
9. March 14, 2026Enrolled
10. March 9, 2026Passed Senate (36-Y 4-N 0-A)
11. March 9, 2026Read third time
12. March 6, 2026Passed by for the day Block Vote (Voice Vote)

Showing 12 most recent of 32 actions. Full history