This bill establishes a new section in Florida law, specifically Section 380.0938, which focuses on nature-based solutions to enhance coastal resilience. It defines key terms such as "gray infrastructure," "green infrastructure," "hybrid infrastructure," and "nature-based solutions." The bill mandates the Department of Environmental Protection to create rules and guidelines for implementing these solutions, which include various methods for mitigating erosion, protecting mangrove stands, and promoting local restoration programs. Additionally, the department is tasked with developing frameworks for local governments to identify vulnerable properties and create protection programs, as well as streamlining permitting processes for green infrastructure projects.

Furthermore, the bill requires the Department of Environmental Protection, in collaboration with the Division of Insurance Agent and Agency Services, to conduct a statewide feasibility study on the value of nature-based solutions for reducing coastal flood risks and potentially lowering insurance premiums. A report on the findings of this study is to be submitted to the Governor and legislative leaders by July 1, 2027. The bill also appropriates $250,000 from the Resilient Florida Trust Fund for the 2026-2027 fiscal year to support the feasibility study. The act is set to take effect on July 1, 2026.