2025 SESSION

INTRODUCED

25100299D

HOUSE BILL NO. 1659

Offered January 13, 2025

Prefiled January 3, 2025

A BILL to amend the Code of Virginia by adding a section numbered 15.2-958.7, relating to local Foundation and Soil Management Fund.

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Patron—Henson

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Referred to Committee on Counties, Cities and Towns

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Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 15.2-958.7 as follows:

§ 15.2-958.7. Local Foundation and Soil Management Fund; grant moneys.

Any locality may by ordinance create a local Foundation and Soil Management Fund consisting of appropriated local moneys for the purpose of granting funds to an owner of private property or a common interest community, as that term is defined in § 54.1-2345, for foundation management and soil settlement repairs on previously developed lands. Grants from such fund shall be used only for (i) the construction, improvement, or repair of a foundation; (ii) soil settlement and compaction control; (iii) foundation failure and soil compaction mitigation and protection measures that are a part of a locality's comprehensive plan to address foundation failure and soil compaction mitigation and protection; or (iv) joint foundation repair and soil compaction mitigation projects. Grants made pursuant to clause (iii) shall, where practicable, prioritize projects that include nature-based practices.