A bill for an act relating to the natural hazard mitigation financing program, the disaster recovery housing assistance program, the disaster recovery new housing program, post-loss assignment of benefits, the licensing and regulation of adjusters, appraisers, and umpires, and the Iowa economic emergency fund, and providing penalties, making appropriations, and including effective date and retroactive applicability provisions.

This bill establishes dedicated funding mechanisms for Iowa's disaster response programs. It creates a separate "natural hazard mitigation revolving loan fund" managed by the Department of Homeland Security, which cannot be used for general state purposes. The bill allows the state to issue special bonds to finance disaster recovery housing programs and adjuster/appraiser licensing, with repayment secured by project income rather than state general funds. These provisions directly affect Iowans seeking disaster housing assistance, insurance professionals, and the state's budget management of emergency funds.