This bill proposes a supplemental appropriation from the unappropriated surplus balance in the State Fund, General Revenue, specifically for the fiscal year ending June 30, 2026. It aims to add a new item of appropriation to the Executive, Governor's Office Civil Contingent Fund (fund 0105, fiscal year 2026, organization 0100) in the amount of $10,000,000 designated for Flood Resiliency. The bill outlines that this appropriation will be transferred to the Flood Resiliency Trust Fund (fund 1070) to support flood resilience efforts in the state.

The bill is based on the Governor's Executive Budget Document submitted to the Legislature, which indicated an available unappropriated surplus balance in the Treasury for the fiscal year 2026. By enacting this bill, the Legislature aims to ensure that the funds are allocated appropriately to address flood resiliency needs, thereby enhancing the state's preparedness and response to flooding events.