This resolution, introduced by a group of representatives, directs the Joint State Government Commission to conduct a comprehensive study on the economic costs of flooding on residential homes and businesses within the Commonwealth. Recognizing that flooding is the most prevalent natural disaster in the area, the resolution highlights the significant financial impact of flooding events, citing that just one inch of water can lead to approximately $25,000 in damages. The Commonwealth has faced multiple major flooding incidents over the past two decades, resulting in over $600 million in property damage, and it is noted that 24 counties experience an average of one flood event annually.

The study mandated by the resolution aims to analyze data from the past years to identify trends in flooding-related costs, locations, and types of damage. Additionally, it seeks to provide recommendations for improving the tracking and logging of property damage caused by flooding, as well as strategies for better targeting future prevention and relief efforts. The Joint State Government Commission is required to submit a report of its findings and recommendations to the General Assembly within 12 months of the resolution's adoption.