An act relating to the Municipal Planning and Resilience Grant Program

This bill creates and expands the Municipal Planning and Resilience Grant Program to help Vermont towns and regional planning commissions prepare for climate-related hazards like flooding. The program will receive funding from a dedicated state fund, with 20 percent of revenues going to municipalities and 70 percent to regional planning commissions for performance-based contracts. Municipalities must vote to allocate local funds for planning purposes and submit plans for approval to qualify for grants, which can be used for acquiring development rights, conservation easements, or implementing climate resilience projects. The bill also establishes two new permanent full-time positions to administer the grants and assist with financing climate resilience projects.