Virginia House Bill 845 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 12 2022 - 25% progression, died in chamber
Action: 2022-01-26 - Stricken from docket by Agriculture, Chesapeake and Natural Resources (22-Y 0-N)
Text: Latest bill text (Prefiled) [HTML]

Virginia Resources Authority; Resilient Virginia Revolving Loan Fund. Creates the Resilient Virginia Revolving Loan Fund, for which sums are appropriated by the General Assembly, and that is administered and managed by the Virginia Resources Authority, with oversight given to the Soil and Water Conservation Board. The bill provides guidelines for deposits, expenditures, and investments and requires an annual audit of the Authority. The Authority can collect money for the Fund. The bill provides that the Fund be used for loans or to refinance projects for local governments or to give grants to them; that the Fund may be used for loans or grants for individuals; guidelines for the priority of such loans and grants. In addition, the bill provides that the Authority may pledge loans to secure bonds and sell loans.

Resilient Virginia Revolving Loan Fund; created.

Del. Robert Bloxom [R]

2022-01-26 - House - House: Stricken from docket by Agriculture, Chesapeake and Natural Resources (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2022-01-26	House	Stricken from docket by Agriculture, Chesapeake and Natural Resources (22-Y 0-N)
2022-01-12	House	Referred to Committee on Agriculture, Chesapeake and Natural Resources
2022-01-12	House	Prefiled and ordered printed; offered 01/12/22 22101726D

Chapter	Article	Section	Citation Type	Statute Text
62	1	232.1	(n/a)	See Bill Text
62	1	232.13	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+HB845
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB845+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?221+vot+H01V0006+HB0845