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SB768 • 2026

Commonwealth Flood Prevention Match Assistance Fund and Program; established, report.

<p class=ldtitle>A BILL to amend the Code of Virginia by adding in Chapter 6 of Title 10.1 an article numbered 1.5, consisting of sections numbered 10.1-603.41, 10.1-603.42, and 10.1-603.43, relating to Commonwealth Flood Prevention Match Assistance Fund and Program; established.</p>

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Locke
Last action
2026-02-11
Official status
Continued
Effective date
Not listed

Plain English Breakdown

The bill summary does not mention that local governments must match funds, nor does it specify sending reports to the Governor and committees. These claims were removed as they are unsupported by the provided official source material.

Commonwealth Flood Prevention Match Assistance Fund

This law establishes a fund to provide grants to local governments for storm and flood risk management projects, requiring an annual audit and public inspection of applications.

What This Bill Does

  • Creates the Commonwealth Flood Prevention Match Assistance Fund to give grants to local governments for storm and flood risk management projects.
  • Requires an annual audit of the fund's activities.
  • Makes records of grant or loan applications available for public inspection.

Who It Names or Affects

  • Local governments that want to reduce storm and flood risks in their areas.
  • The Department responsible for managing the fund.
  • Public citizens who can inspect application records.

Terms To Know

Storm and Flood Risk Management Projects
Projects designed to protect communities from the dangers caused by storms and floods.
Annual Audit
A yearly check-up of how money is spent in a program or fund.

Limits and Unknowns

  • The bill does not specify when the fund will start receiving money.
  • It's unclear what specific projects local governments can apply for funding from this program.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

SB768ASC1

2026-02-03 • Committee

Agriculture, Conservation and Natural Resources Amendment

Plain English: The amendment changes how records related to flood prevention grants and loans are made available to the public.

  • Adds that records of applications should be open for public inspection after an audit and report.
  • Replaces existing text with a requirement that each application record, along with any actions taken on it, must be accessible at the Department's office and on a website.
SB768AS1

2026-02-06 • Committee

Agriculture, Conservation and Natural Resources Amendment

Plain English: The amendment changes how records related to flood prevention grants and loans are made available to the public.

  • Adds that records of applications should be open for public inspection after an audit is conducted.
  • Specifies that each application record, along with the action taken on it, must be accessible at the Department's office and on a publicly accessible website.

Bill History

  1. 2026-02-11 Finance and Appropriations

    Continued to 2027 in Finance and Appropriations (15-Y 0-N)

  2. 2026-02-03 Agriculture, Conservation and Natural Resources

    Reported from Agriculture, Conservation and Natural Resources with amendments and rereferred to Finance and Appropriations (14-Y 0-N)

  3. 2026-02-03 Senate

    Fiscal Impact Statement from Department of Planning and Budget (SB768)

  4. 2026-02-03 Agriculture, Conservation and Natural Resources

    Senate committee amendments offered

  5. 2026-01-21 Senate

    Presented and ordered printed 26104359D

  6. 2026-01-21 Agriculture, Conservation and Natural Resources

    Referred to Committee on Agriculture, Conservation and Natural Resources

Official Summary Text

Commonwealth Flood Prevention Match Assistance Fund and Program; established.
Establishes the Commonwealth Flood Prevention Match Assistance Fund and Program for the purpose of supporting local governments with grants to finance the cost share required of a local government for storm and flood risk management projects, as such terms are defined in the bill. The bill also requires an annual audit and an annual report to the Governor and the Chairs of the House Committees on Agriculture, Chesapeake and Natural Resources and Appropriations and the Senate Committees on Agriculture, Conservation and Natural Resources and Finance and Appropriations.

Current Bill Text

Read the full stored bill text 
(SB768)
AMENDMENT(S) PROPOSED BY THE SENATE
AGRICULTURE, CONSERVATION AND NATURAL RESOURCES
1. Line 54, introduced, after
audit
strike
and report
insert
; records of applications for public inspection

AGRICULTURE, CONSERVATION AND NATURAL RESOURCES
2. Line 60, introduced, after
B.
strike
the remainder of line 60, all of lines 61, 62, and 63, and through
such projects
on line 64
insert
A record of each application for a grant or loan and the action taken thereon shall be available for public inspection at the office of the Department and on a publicly accessible website