The bill establishes the Resilience Infrastructure Loan Program within the Department of Commerce, aimed at providing loans to Floridians for infrastructure projects that adhere to resilience engineering principles and comply with relevant statutory and regulatory requirements. The program will be funded through state and federal grants, and the Department of Commerce is tasked with managing the program, including contracting with the State Board of Administration for fund investment and management. The bill outlines specific definitions related to the program, including terms such as "infrastructure," "district," and "resilience engineering principles."

Additionally, the bill sets forth requirements for the loan program, including a maximum loan duration of 20 years and stipulations that loans can only be used for projects mandated by law to ensure structural safety. Repayment of loans must commence immediately after project completion and be finalized within three years. The bill also includes an appropriation contingent on nonrecurring funds from the Indian Gaming Revenue Clearing Trust Fund for the 2025-2026 fiscal year to support the program, with an effective date of July 1, 2025.