West Virginia HB5646 allocates $1 million from the Revenue Shortfall Fund to the Disaster Recovery Trust Fund for flood resiliency efforts.
West Virginia HB5646 amends the State Resiliency and Flood Protection Act to allocate $1 million from the Revenue Shortfall Fund to the Disaster Recovery Trust Fund. This funding aims to support flood resiliency efforts, including the development and implementation of a Flood Resiliency Plan. The bill also raises the capitalization of the West Virginia Flood Resiliency Trust Fund to $250 million. The State Resiliency Officer, in collaboration with the State Auditor, must submit an annual expenditure report to the State Resiliency Office Board by December 1.
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