The "Texas Flood Recovery, Reimbursement, and Reconstruction Program" bill establishes a new program to provide financial assistance to individuals and entities impacted by the July 2025 Hill Country floods. It introduces Chapter 419A to the Government Code, detailing the program's definitions, administration, and eligibility criteria, with the Texas Division of Emergency Management responsible for its oversight. The program will offer reimbursements for property losses and incentives for rebuilding in safer locations, subject to review by the Legislative Budget Board every odd-numbered year and set to expire on September 1, 2035, unless extended.

Eligibility for financial assistance is based on factors such as residency, property ownership, and prior insurance coverage, with awards prioritized according to damage severity and financial need. The bill outlines the application process, documentation requirements, and establishes an online application system for transparency. It specifies eligible costs for reimbursement, including structural repairs and essential personal property losses, with caps of $25,000 for single-family homes and $50,000 for commercial structures. Additionally, it includes provisions for funding through legislative appropriations and donations, as well as measures to prevent fraud in the application process.

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