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Committee advances bill to offer 0% loans for local storm‑damaged infrastructure
State Government, Elections and Indian Affairs Committee (House) · February 9, 2026
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Summary
HB314 would authorize the Local Government Division to offer zero‑interest loans to political subdivisions for repair or replacement of infrastructure damaged in the October 2024 storms; committee members raised questions about a cited $150 million appropriation before approving a due pass.
House Bill 314, which would require the Local Government Division of the Department of Finance and Administration to make 0% interest loans for projects repairing or replacing public infrastructure damaged by the October 2024 storm event, received a…
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