Old | New | Differences | |
---|---|---|---|
1 | - | CHAPTER 123 | |
1 | + | 2025 SESSION | |
2 | + | ||
3 | + | ENROLLED | |
4 | + | ||
5 | + | VIRGINIA ACTS OF ASSEMBLY -- CHAPTER | |
2 | 6 | ||
3 | 7 | An Act to amend the Code of Virginia by adding a section numbered 15.2-958.7, relating to local Foundation and Soil Management Fund. | |
4 | 8 | ||
5 | 9 | [H 1659] | |
6 | 10 | ||
7 | - | Approved | |
11 | + | Approved | |
8 | 12 | ||
9 | 13 | Be it enacted by the General Assembly of Virginia: | |
10 | 14 | ||
11 | 15 | 1. That the Code of Virginia is amended by adding a section numbered 15.2-958.7 as follows: | |
12 | 16 | ||
13 | 17 | 15.2-958.7. Local Foundation and Soil Management Fund; grant moneys. | |
14 | 18 | ||
15 | 19 | 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. |