H 586 Vermont House · 2023-2024 Regular Session

An act relating to flood protection and climate resilience infrastructure and financing

This bill creates a new Climate Infrastructure and Resilience Fund to provide loans and financing for projects that help communities adapt to climate change and protect against flooding. The fund will be managed by a board including state officials and appointed representatives, with money drawn from state cash balances, donations, and future legislative appropriations. It also adjusts how the Clean Water Fund distributes money, prioritizing projects that improve water quality, build climate resilience, and support ecological health. Additionally, the bill authorizes new staff positions across several state agencies to administer these programs and requires clean water service providers to prioritize projects that create climate-resilient communities.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 3, 2024 Last action Jan 24, 2024
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
1
Committee
1
Jan 24, 2024
Lower · Passed
Rep. Sheldon of Middlebury moved that the Committee on Environment and Energy be relieved of the bill and that the same be committed to the Committee on Ways and Means, which was agreed to
lower
Jan 3, 2024
Introduced
Read first time and referred to the Committee on Environment and Energy
lower
0 primary · 24 co-sponsors

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