BILL AS INTRODUCED H.466 2025 Page 1 of 2 VT LEG #381205 v.1 H.466 1 SHORT FORM 2 Introduced by Representatives Waszazak of Barre City and Galfetti of Barre 3 Town 4 Referred to Committee on 5 Date: 6 Subject: Internal security and public safety; emergency management; 7 miscellaneous amendments relating to flood response and resilience 8 Statement of purpose of bill as introduced: This bill proposes to require the 9 Agency of Commerce and Community Development to establish a voluntary 10 buyout program for flood-prone properties that are either ineligible for Federal 11 Emergency Management Agency buyouts or identified by municipalities for 12 flood-resilient redevelopment or floodplain restoration. This bill also proposes 13 to create a homeowner assistance program providing financial support for 14 elevating homes in flood-prone areas, relocating displaced residents to 15 permanent housing, and rebuilding homes using flood-resilient materials and 16 designs. 17 An act relating to flood response and the creation of a voluntary buy-out 18 program 19 BILL AS INTRODUCED H.466 2025 Page 2 of 2 VT LEG #381205 v.1 It is hereby enacted by the General Assembly of the State of Vermont: 1 (TEXT OMITTED IN SHORT-FORM BILLS) 2