Bill H.465 aims to enhance the financial support available to municipalities in Vermont for emergency response related to flooding. It proposes that municipalities become eligible for financial assistance from the Division of Emergency Management to cover costs associated with emergency responses, temporary housing, sheltering services, and repairs to local infrastructure while awaiting reimbursement from the Federal Emergency Management Agency (FEMA).

Additionally, the bill mandates that the State will cover all local match requirements set by FEMA for municipalities affected by flooding. This legislative change is intended to streamline the financial assistance process and ensure that municipalities can effectively respond to flood emergencies without facing financial burdens during recovery efforts.