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Local Stormwater Management Fund inches closer to reality

The Local Stormwater Management Fund has moved a step closer to reality, as HB 1614 (Cole) passed out of subcommittee late last week by a 6-2 vote.

HB 1614, along with its Senate counterpart SB 1248 (Reeves), authorizes any locality to provide by ordinance the creation of a Local Stormwater Management Fund for providing grants to an owner of private property or a common interest community to be used exclusively for construction, improvement, or repair of stormwater management facilities or for erosion and sediment control.  Any such local fund will be entirely comprised of local moneys.

HB 1614 will now likely be heard by the House Counties Cities and Towns Committee on Friday, February 1.

SB 1248 has already passed the full Senate and was also referred to the House Counties, Cities and Towns, where it will be heard sometime after the February 5 crossover.

VACo Contact: Chris McDonald, Esq.

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