Bill Text: VA HB2637 | 2019 | Regular Session | Chaptered
Bill Title: Loans and grants for agricultural best management practices; riparian buffers.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2019-03-18 - Governor: Acts of Assembly Chapter text (CHAP0552) [HB2637 Detail]
Download: Virginia-2019-HB2637-Chaptered.html
Be it enacted by the General Assembly of Virginia:
1. That §62.1-229.1 of the Code of Virginia is amended and reenacted as follows:
§62.1-229.1. Loans and grants for agricultural best management practices.
Loans or grants may be made from the Fund, in the
Board's discretion, to an individual (i) any person for the
construction, renovation, improvement, or equipping of facilities or
structures to implement agricultural best management practices to prevent
pollution of state waters, to; (ii) a local government which
that has developed a low-interest loan program to provide loans or other
incentives to facilitate the construction, renovation, improvement, or
equipping of such facilities or structures,; or to
(iii) a financial institution working with a local government to establish
such a program pursuant to clause (ii). The Board shall develop
guidelines for the administration of such loans and grants and shall
determine the terms and conditions of any loan or grant from the Fund.
For purposes of this section, facilities or structures to implement
agricultural best management practices may include riparian buffers planted in
trees and maintained in accordance with the terms and conditions of the loan or
grant.