Bill > H842

This bill establishes a Flood Mitigation and Preparedness Fund to provide grants or loans to local governmental bodies for projects that mitigate flood risks, such as elevating utilities or buildings, installing flood vents, or other eligible flood mitigation and wet floodproofing projects. The fund will be administered by the Secretary of Energy and Environmental Affairs and monies that are unexpended at the end of the fiscal year will roll over to the next year. The bill defines key terms like "Base Flood Elevation," "Floodproofing," and "Substantial Improvement," and outlines the program's eligibility requirements, application process, and the establishment of a Flood Mitigation and Preparedness Review Board to oversee the program. The bill becomes effective 60 days after the Governor's approval.

Agriculture and Natural Resources

https://malegislature.gov/Bills/193/H842