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 by the Texas Division of Emergency Management, and eligibility criteria for awards. The program will offer reimbursements for property losses and incentives for rebuilding in safer locations, with a review by the Legislative Budget Board every odd-numbered year and a sunset provision set for September 1, 2035, unless extended by the legislature.
Eligibility for financial assistance is based on factors such as residency, ownership of damaged property, and prior insurance coverage, with prioritization given to the severity of damage and the applicant's financial situation. The bill outlines specific eligible costs for awards, including structural repairs and essential personal property, with reimbursement limits of $25,000 for single-family homes and $50,000 for commercial structures. It also includes provisions for an online application system, a formal appeals process, and measures to prevent fraud, such as reporting suspected fraud to the attorney general and imposing civil penalties for fraudulent claims.
Statutes affected: Introduced: ()