This bill establishes a framework for statewide resilience planning in Iowa, mandating the development, implementation, and periodic updating of an Iowa state resilience plan by the Department of Natural Resources (DNR) by December 31, 2027. The bill defines "critical assets" to encompass transportation assets, critical infrastructure, community and emergency facilities, and natural, cultural, and historical resources, while also identifying "regionally significant assets" that support multiple communities. The goals of the resilience plan include protecting against loss of life and property through hazard mitigation, incorporating future hazard conditions into state programs, identifying priority projects for resilience, and establishing funding strategies to support these initiatives.

The Iowa state resilience plan must include a comprehensive risk assessment, an inventory of critical assets, a methodology for prioritizing resilience projects, and a prioritized list of ongoing and proposed projects. Additionally, it should provide recommendations for reducing risks associated with flooding and other natural hazards, as well as metrics for tracking progress and updating the plan. The DNR is required to report to the governor and the General Assembly by December 31, 2029, and every two years thereafter, summarizing progress on the plan's recommendations and identifying potential funding sources for resilience strategies. The plan is to be updated every five years or sooner, as deemed necessary by the DNR director.