House Bill No. by Representative Firment establishes the Fortify Coastal Homes Fund within the state treasury, aimed at fortifying residential roofs in the coastal zone following natural disasters. The bill mandates that a portion of state sales and use tax collections from the coastal area, specifically during the two months after a declared disaster, be deposited into this fund. The amount deposited will be the lesser of five percent of the collected sales tax or $60 million. The fund will be used to issue grants for home fortification within the coastal zone, and any unspent funds will remain in the account for future use.

Additionally, the Department of Revenue is tasked with providing an annual report detailing the collections and deposits made to the fund, which must be submitted to the legislature and the Department of Insurance by February 1 each year. The bill also allows the Department of Revenue and the commissioner of insurance to create rules for the implementation and enforcement of these provisions. The effective date for this legislation is set for July 1, 2026.