Establishes home elevation fund and dedicates up to $5 million of realty transfer fee revenue annually for this purpose.

Bill S 1304 creates a dedicated "Flood Protection and Home Elevation Fund" using up to $5 million annually from realty transfer fees. It reimburses eligible homeowners for 25% of annual interest payments on loans used to elevate single-family or two-family homes (to reduce flood damage), capped at $750 per year, provided the homeowner’s county matches the reimbursement amount. Homeowners must complete elevation projects, obtain required approvals, and submit proof to qualify for annual reimbursements. The fund applies only to primary residences in flood-prone areas and requires counties to establish matching funding sources before providing support.