The bill directs the Secretary of the Army to establish a six-year program, subject to appropriations, for researching and developing stabilization and erosion control technologies aimed at preventing coastal erosion. This program will be implemented through the Director of the Engineer Research and Development Center. The initiative will focus on biomimetic methods for protecting various coastal features, such as estuaries, cliffs, and beaches, and will seek alternatives to traditional hardened structures that can be disruptive to local habitats. Technologies developed must be applicable to areas exposed to coastal floods and erosion hazards, including monitoring and maintenance. The Secretary is also required to ensure that research and development activities are conducted in diverse geographic locations and to submit a comprehensive report to Congress evaluating the program and recommending its continuation.