The bill establishes a framework for statewide resilience planning in Iowa, mandating the development and periodic updating of an Iowa state resilience plan by December 31, 2028. The Iowa flood center will lead this initiative in collaboration with various state departments and stakeholders. The plan aims to protect against loss of life and property through hazard mitigation and disaster recovery, incorporate future hazard conditions into state programs, identify priority resilience projects, and establish funding strategies. It will include a comprehensive risk assessment, an inventory of critical and regionally significant assets, and a prioritized list of ongoing and proposed resilience projects.

Additionally, the bill outlines specific components that the Iowa state resilience plan must address, such as methodologies for prioritizing projects, recommendations for risk reduction strategies, and metrics for tracking progress. The Iowa flood center is required to report to the governor and the general assembly on the plan's progress every two years, starting in 2029, and to update the plan every five years or sooner as necessary. This legislative effort aims to enhance the state's preparedness and response to natural hazards, ensuring a coordinated approach to resilience across various sectors and communities.