(1) The Resilient Florida Trust Fund is created within the Department of Environmental Protection.
(2) Moneys deposited in the fund are available as a funding source for the department for the Resilient Florida Grant Program and the Statewide Flooding and Sea-Level Rise Resilience Plan, including costs to operate the grant program, to develop the plan, and to provide grants to regional resilience coalitions pursuant to s. 380.093. The department may also use moneys deposited in the fund for administrative and operational costs of the Florida Flood Hub for Applied Research and Innovation pursuant to s. 380.0933 and coastal resilience initiatives.