Bill
Bill > H0466
VT H0466
An act relating to flood response and the creation of a voluntary buy-out program
summary
Introduced
03/12/2025
03/12/2025
In Committee
03/12/2025
03/12/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Session
Bill Summary
This bill proposes to require the Agency of Commerce and Community Development to establish a voluntary buyout program for flood-prone properties that are either ineligible for Federal Emergency Management Agency buyouts or identified by municipalities for flood-resilient redevelopment or floodplain restoration. This bill also proposes to create a homeowner assistance program providing financial support for elevating homes in flood-prone areas, relocating displaced residents to permanent housing, and rebuilding homes using flood-resilient materials and designs.
AI Summary
This bill proposes to establish a comprehensive flood response strategy for Vermont, focusing on two key programs designed to help homeowners in flood-prone areas. First, the Agency of Commerce and Community Development would create a voluntary buyout program targeting properties that do not qualify for Federal Emergency Management Agency (FEMA) buyouts or have been identified by municipalities as needing flood-resilient redevelopment or floodplain restoration. Second, the bill would implement a homeowner assistance program providing financial support for several critical flood mitigation efforts, including elevating homes in flood-prone areas, helping displaced residents secure permanent housing, and rebuilding homes using flood-resistant materials and design techniques. By offering these voluntary programs, the bill aims to increase community resilience, reduce future flood damage risks, and provide meaningful support to homeowners impacted by flooding in Vermont.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
House Committee on General and Housing Hearing (00:00:00 3/21/2025 ) (on 03/21/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://legislature.vermont.gov/bill/status/2026/H.466 |
BillText | https://legislature.vermont.gov/Documents/2026/Docs/BILLS/H-0466/H-0466%20As%20Introduced.pdf |
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