SB 197 VA To Executive
Virginia Community Flood Preparedness Fund; loan and grant program, deferment of interest accrual.
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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.
Sponsor (1)
- Angelia Williams Graves Democratic · primary
Action history (30)
- Jan 9, 2026 Prefiled and ordered printed; Offered 01-14-2026 26102394D · upper
- Jan 9, 2026 Referred to Committee on Agriculture, Conservation and Natural Resources · upper
- Jan 26, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB197) · upper
- Jan 27, 2026 Assigned HACNR sub: Water Usage · upper
- Feb 3, 2026 Reported from Agriculture, Conservation and Natural Resources and rereferred to Finance and Appropriations (14-Y 0-N) · upper
- Feb 10, 2026 Reported from Finance and Appropriations (15-Y 0-N) · upper
- Feb 11, 2026 Rules suspended · upper
- Feb 11, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) · upper
- Feb 11, 2026 Passed by for the day Block Vote (Voice Vote) · upper
- Feb 12, 2026 Read second time · upper
- Feb 12, 2026 Engrossed by Senate (Voice Vote) · upper
- Feb 13, 2026 Read third time and passed Senate (39-Y 0-N 0-A) · upper
- Feb 18, 2026 Placed on Calendar · lower
- Feb 18, 2026 Read first time · lower
- Feb 18, 2026 Referred to Committee on Appropriations · lower
- Feb 18, 2026 Assigned HAPP sub: Commerce Agriculture & Natural Resources · lower
- Feb 25, 2026 Reported from Appropriations (22-Y 0-N) · lower
- Feb 27, 2026 Read second time · lower
- Mar 2, 2026 Read third time · lower
- Mar 2, 2026 Passed House (98-Y 0-N 0-A) · lower
- Mar 2, 2026 Reconsideration of passage agreed to by House · lower
- Mar 2, 2026 Passed House (99-Y 0-N 0-A) · lower
- Mar 5, 2026 Enrolled · upper
- Mar 5, 2026 Bill text as passed Senate and House (SB197ER) · upper
- Mar 5, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB197) · upper
- Mar 5, 2026 Signed by Speaker · lower
- Mar 5, 2026 Signed by President · upper
- Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · upper
- Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
- Apr 12, 2026 Governor's recommendation received by Senate · executive
Text versions (5)
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