Virginia 2024 Regular Session Status: Enacted

HB 673 — Resilient VA Revolving Fund; projects located in locality having low community resilience rating.

Last action — Acts of Assembly Chapter text (CHAP0816)

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House of Delegates
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 09, 2024. Enacted.

Signed by Governor Glenn Youngkin (Republican) on April 17, 2024.

Prognosis

Likely to advance 80% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 20 sponsors

    1 primary, 19 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 8 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Resilient Virginia Revolving Fund; projects; low-income geographic areas; 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.

Bill Text

What changed in the latest version

27 added · 28 removed

Plain-language change summary

The recent amendments to Bill HB 673 update how the Resilient Virginia Revolving Fund operates. Previously, the bill specified funding sources and loan management procedures, but now it clarifies that the Fund will also include money allocated by the General Assembly specifically for resilience projects. This change ensures that more targeted financial support can be directed towards localities lacking resilience, making it vital for communities at risk of environmental challenges to receive necessary assistance. Overall, these modifications aim to enhance the Fund's effectiveness in promoting community resilience.

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VIRGINIA ACTS OF ASSEMBLY -- 2024 RECONVENED SESSION CHAPTER 816 An Act to amend and reenact § 10.1-603.29 of the Code of Virginia, relating to Resilient Virginia Revolving Fund;
RECONVENED SESSION REENROLLED VIRGINIA ACTS OF ASSEMBLY –– CHAPTER R An Act to amend and reenact § 10.1-603.29 of the Code of Virginia, relating to Resilient Virginia Revolving Fund;
[H 673] Approved April 17, 2024 Be it enacted by the General Assembly of Virginia:
E N [H 673] Approved R Be it enacted by the General Assembly of Virginia:
1.
O 1.
§ 10.1-603.29.
L § 10.1-603.29.
There shall be set apart as a permanent and perpetual fund, to be known as the "Resilient Virginia Revolving Fund," sums appropriated to the Fund by the General Assembly, sums allocated to the Commonwealth for resilience purposes through the federal government, all receipts by the Fund from loans made by it to local governments, all income from the investment of moneys held in the Fund, and administered and managed by the Authority as prescribed in this article, subject to the right of thebe Department, following consultation with the Authority, to direct the distribution of loans or grants from the Fund to particular local governments and to establish the interest rates and repayment terms of such loans as provided in this article.
There shall be set apart as a permanent and perpetual fund, to be known as the "Resilient Virginia Commonwealth for resilience purposes through the federal government, all receipts by the Fund from loans made by it to local governments, all income from the investment of moneys held in the FunD, and any other sums designated for deposit to the Fund from any source public or private.
The Fund shall be administered and managed by the Authority as prescribed in this article, subject to the right of the the Fund to particular local governments and to establish the interest rates and repayment terms of suchm loans as provided in this article.
A portion of the Fund shall be reserved to hold money that is allocated only for the hazard mitigation of buildings and that shall not be available for other uses.
A portion of the Fund shall be reserved to hold money that is allocated only for the hazard administration and management of the Fund, the Authority is granted the power to employ officerB, employees, agents, advisers, and consultants, including, without limitation, attorneys, financial advisers, engineers, and other technical advisers and public accountants and, the provisions of any otherElaw to the contrary notwithstanding, to determine their duties and compensation without the approval oR any expenses incurred in the administration and management of the Fund and a reasonable fee to bes and approved by the Department for its management services.
In order to carry out the administration and management of the Fund, the Authority is granted the power to employ officers, employees, agents, advisers, and consultants, including, without limitation, attorneys, financial advisers, engineers, and other technical advisers and public accountants and, the provisions of any other law to the contrary notwithstanding, to determine their duties and compensation without the approval of any other agency or instrumentality.
The Authority may disburse from the Fund its reasonable costs and expenses incurred in the administration and management of the Fund and a reasonable fee to be approved by the Department for its management services.
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Action History

  1. Acts of Assembly Chapter text (CHAP0816)

  2. Enacted, Chapter 816 (effective 7/1/24)

  3. Signed by President as reenrolled

  4. Signed by Speaker as reenrolled

  5. Reenrolled bill text (HB673ER2)

  6. Reenrolled

  7. Governor's recommendation adopted

  8. Senate concurred in Governor's recommendation (40-Y 0-N)

  9. VOTE: Adoption (62-Y 36-N)

  10. House concurred in Governor's recommendation (62-Y 36-N)

  11. Passed by until Reconvene, Wednesday, April 17, 2024

  12. Placed on Calendar

  13. Governor's recommendation received by House

  14. Governor's Action Deadline 11:59 p.m., March 8, 2024

  15. Enrolled Bill communicated to Governor on March 1, 2024

  16. Signed by President

  17. Impact statement from DPB (HB673ER)

  18. Signed by Speaker

  19. Bill text as passed House and Senate (HB673ER)

  20. Enrolled

  21. Passed Senate (28-Y 11-N)

  22. Read third time

  23. Constitutional reading dispensed (38-Y 0-N)

  24. Reported from Finance and Appropriations (14-Y 1-N)

  25. Referred to Committee on Finance and Appropriations

  26. Constitutional reading dispensed

  27. Impact statement from DPB (HB673E)

  28. VOTE: Passage (58-Y 41-N)

  29. Read third time and passed House (58-Y 41-N)

  30. Printed as engrossed 24103610D-E

  31. Engrossed by House as amended HB673E

  32. Committee amendment agreed to

  33. Read second time

  34. Read first time

  35. Reported from Agriculture, Chesapeake and Natural Resources with amendment(s) (14-Y 8-N)

  36. Subcommittee recommends reporting with amendments (6-Y 4-N)

  37. House subcommittee amendments and substitutes offered

  38. House subcommittee amendments and substitutes offered

  39. Assigned ACNR sub: Chesapeake

  40. Impact statement from DPB (HB673)

  41. Referred to Committee on Agriculture, Chesapeake and Natural Resources

  42. Prefiled and ordered printed; offered 01/10/24 24103610D

Sponsors

Sponsorship breakdown

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1 sponsors · 19 co-sponsors · 128 not signed on · 54 voted No

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Passed 40 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 40000
Total 40000
% of votes cast 100%0%0%0%
How each member voted (40)
Passed 61 Yea · 36 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 613602
Total 613602
% of votes cast 62%36%0%2%
How each member voted (99)
Member Party Vote
Adele Y. McClure — Yea
Alex Q. Askew — Yea
Alfonso H. Lopez — Yea
Amy J. Laufer — Yea
Anne Ferrell Tata — Not Voting
Arnold, Jonathan, E. P. — Nay
Atoosa R. Reaser — Yea
Batten, Amanda E. — Nay
Betsy B. Carr — Yea
Bill Wiley — Nay
Bonita G. Anthony — Yea
Briana D. Sewell — Yea
Bulova, David L. — Yea
C.E. Cliff Hayes, Jr. — Yea
Charniele L. Herring — Yea
Chris S. Runion — Nay
Convirs-Fowler, Kelly K. — Yea
Cordoza, A.C. — Yea
Coyner, Carrie E. — Yea
Dan I. Helmer — Yea
David A. Reid — Yea
Debra D. Gardner — Yea
Delores L. McQuinn — Yea
Delores Oates — Nay
Earley, Mark L., Jr. — Nay
Elizabeth B. Bennett-Parker — Yea
Ellen H. McLaughlin — Nay
Ennis, N. Baxter — Nay
Eric Phillips — Nay
Eric R. Zehr — Nay
Fowler, Hyland F."Buddy," Jr. — Yea
Freitas, Nicholas J. — Nay
Gilbert, C. Todd — Nay
Green, W. Chad — Nay
H. Otto Wachsmann, Jr. — Not Voting
Higgins, Geary — Nay
Holly M. Seibold — Yea
Irene Shin — Yea
Israel D. O'Quinn — Yea
Jackie H. Glass — Yea
James A. "Jay" Leftwich — Nay
James W. Morefield — Yea
Jason S. Ballard — Nay
Jeion A. Ward — Yea
Joseph P. McNamara — Nay
Joshua E. Thomas — Yea
Joshua G. Cole — Yea
Kannan Srinivasan — Yea
Karen Keys-Gamarra — Yea
Karrie K. Delaney — Yea
Kathy K.L. Tran — Yea
Katrina Callsen — Yea
Kent, Hillary Pugh — Nay
Knight, Barry D. — Nay
Laura Jane Cohen — Yea
LeVere Bolling, Destiny — Yea
Lovejoy, Ian T. — Nay
Luke E. Torian — Yea
M. Keith Hodges — Yea
Maldonado, Michelle Lopes — Yea
Marcia S. "Cia" Price — Yea
Marcus B. Simon — Yea
Marshall, Daniel W., III — Nay
Marty Martinez — Yea
Michael B. Feggans — Yea
Michael J. Jones — Yea
Michael J. Webert — Nay
Mike A. Cherry — Nay
Milde, Paul V. — Nay
Mundon King, Candi — Yea
Nadarius E. Clark — Yea
Obenshain, Chris — Yea
Orrock, Robert D., Sr. — Nay
Owen, David — Nay
Patrick A. Hope — Yea
Paul E. Krizek — Yea
Phil M. Hernandez — Yea
Phillip A. Scott — Nay
R. Lee Ware — Nay
Rae Cousins — Yea
Richard C. "Rip" Sullivan, Jr. — Yea
Robert S. Bloxom, Jr. — Yea
Rodney T. Willett — Yea
Rozia A. Henson, Jr. — Yea
Sam Rasoul — Yea
Scott A. Wyatt — Nay
Shelly A. Simonds — Yea
Sickles, Mark D. — Yea
Taylor, Kim A. — Yea
Terry G. Kilgore — Yea
Terry L. Austin — Yea
Thomas A. Garrett, Jr. — Nay
Thomas C. Wright, Jr. — Nay
Timothy P. Griffin — Nay
Tony O. Wilt — Nay
Vivian E. Watts — Yea
Wendell S. Walker — Nay
Will Davis — Nay
Wren M. Williams — Nay

Passed Senate (28-Y 11-N)

Passed 28 Yea · 11 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 281101
Total 281101
% of votes cast 70%28%0%3%
How each member voted (40)
Passed 38 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 38002
Total 38002
% of votes cast 95%0%0%5%
How each member voted (40)
Passed 14 Yea · 1 Nay
Party YeaNayPresentNot Voting
Unaffiliated 14100
Total 14100
% of votes cast 93%7%0%0%
How each member voted (15)

VOTE: Passage (58-Y 41-N)

Passed 57 Yea · 41 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 574101
Total 574101
% of votes cast 58%41%0%1%
How each member voted (99)
Member Party Vote
Adele Y. McClure — Yea
Alex Q. Askew — Yea
Alfonso H. Lopez — Yea
Amy J. Laufer — Yea
Anne Ferrell Tata — Nay
Arnold, Jonathan, E. P. — Nay
Atoosa R. Reaser — Yea
Batten, Amanda E. — Nay
Betsy B. Carr — Yea
Bill Wiley — Nay
Bonita G. Anthony — Yea
Briana D. Sewell — Yea
Bulova, David L. — Yea
C.E. Cliff Hayes, Jr. — Yea
Charniele L. Herring — Yea
Chris S. Runion — Nay
Convirs-Fowler, Kelly K. — Yea
Cordoza, A.C. — Yea
Coyner, Carrie E. — Yea
Dan I. Helmer — Yea
David A. Reid — Yea
Debra D. Gardner — Yea
Delores L. McQuinn — Yea
Delores Oates — Nay
Earley, Mark L., Jr. — Nay
Elizabeth B. Bennett-Parker — Yea
Ellen H. McLaughlin — Nay
Ennis, N. Baxter — Nay
Eric Phillips — Nay
Eric R. Zehr — Nay
Fowler, Hyland F."Buddy," Jr. — Nay
Freitas, Nicholas J. — Nay
Gilbert, C. Todd — Nay
Green, W. Chad — Nay
H. Otto Wachsmann, Jr. — Nay
Higgins, Geary — Nay
Holly M. Seibold — Yea
Irene Shin — Yea
Israel D. O'Quinn — Nay
Jackie H. Glass — Yea
James A. "Jay" Leftwich — Nay
James W. Morefield — Yea
Jason S. Ballard — Nay
Jeion A. Ward — Yea
Joseph P. McNamara — Nay
Joshua E. Thomas — Yea
Joshua G. Cole — Yea
Kannan Srinivasan — Yea
Karen Keys-Gamarra — Yea
Karrie K. Delaney — Yea
Kathy K.L. Tran — Yea
Katrina Callsen — Yea
Kent, Hillary Pugh — Nay
Knight, Barry D. — Nay
Laura Jane Cohen — Yea
LeVere Bolling, Destiny — Yea
Lovejoy, Ian T. — Nay
Luke E. Torian — Yea
M. Keith Hodges — Nay
Maldonado, Michelle Lopes — Yea
Marcia S. "Cia" Price — Yea
Marcus B. Simon — Yea
Marshall, Daniel W., III — Not Voting
Marty Martinez — Yea
Michael B. Feggans — Yea
Michael J. Jones — Yea
Michael J. Webert — Nay
Mike A. Cherry — Nay
Milde, Paul V. — Nay
Mundon King, Candi — Yea
Nadarius E. Clark — Yea
Obenshain, Chris — Nay
Orrock, Robert D., Sr. — Nay
Owen, David — Nay
Patrick A. Hope — Yea
Paul E. Krizek — Yea
Phil M. Hernandez — Yea
Phillip A. Scott — Nay
R. Lee Ware — Nay
Rae Cousins — Yea
Richard C. "Rip" Sullivan, Jr. — Yea
Robert S. Bloxom, Jr. — Yea
Rodney T. Willett — Yea
Rozia A. Henson, Jr. — Yea
Sam Rasoul — Yea
Scott A. Wyatt — Nay
Shelly A. Simonds — Yea
Sickles, Mark D. — Yea
Taylor, Kim A. — Yea
Terry G. Kilgore — Yea
Terry L. Austin — Yea
Thomas A. Garrett, Jr. — Nay
Thomas C. Wright, Jr. — Nay
Timothy P. Griffin — Nay
Tony O. Wilt — Nay
Vivian E. Watts — Yea
Wendell S. Walker — Nay
Will Davis — Nay
Wren M. Williams — Nay
Passed 14 Yea · 8 Nay
Party YeaNayPresentNot Voting
Unaffiliated 14800
Total 14800
% of votes cast 64%36%0%0%
How each member voted (22)
Passed 6 Yea · 4 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 6401
Total 6401
% of votes cast 55%36%0%9%
How each member voted (11)
Member Party Vote
Alfonso H. Lopez — Not Voting
Amy J. Laufer — Yea
Bulova, David L. — Yea
Charniele L. Herring — Yea
Michael J. Webert — Nay
Nadarius E. Clark — Yea
Paul E. Krizek — Yea
Phil M. Hernandez — Yea
R. Lee Ware — Nay
Robert S. Bloxom, Jr. — Nay
Tony O. Wilt — Nay

Subjects

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Frequently asked questions

What does HB 673 do?
Resilient Virginia Revolving Fund; projects; low-income geographic areas; 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.
Who sponsors HB 673?
HB 673 is sponsored by Joshua E. Thomas, Luke E. Torian, Vivian E. Watts, Rodney T. Willett, Michael B. Feggans, Bonita G. Anthony, Alex Q. Askew, Katrina Callsen, Betsy B. Carr, Laura Jane Cohen, Joshua G. Cole, C.E. Cliff Hayes, Jr., Phil M. Hernandez, Charniele L. Herring, Patrick A. Hope, Amy J. Laufer, Alfonso H. Lopez, Marty Martinez, Adele Y. McClure, and Candi Mundon King.
What is the current status of HB 673?
This bill has been enacted into law. Introduced January 09, 2024. Enacted.
Where can I track HB 673?
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