Req. No. 3749 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 2nd Session of the 58th Legislature (2022) COMMITTEE SUBSTITUTE FOR ENGROSSED HOUSE BILL 3636 By: Dempsey and Humphrey of the House and Bullard of the Senate COMMITTEE SUBSTITUTE An Act relating to water and water rights; creating the Oklahoma Water Economic Impact Study Act; creating the Oklahoma Water Econo mic Impact Study Fund; stating purpose of fund; making fund continuing and nonfiscal; stating sources of revenue ; establishing procedures of expenditur es of monies accruing to the credit of the fund; authorizing the Oklahoma Water Resources Board to conduct instream flow studies on certain bodies of water ; requiring studies to include certain information and recommendations; requiring submission of com pleted study to certain entities; providing for promulgation of rules by Oklahoma Water Resources Board; providing for codification; providing an effective date ; and declaring an emergency . BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of l aw to be codified in the Oklahoma Statutes as Section 1702 of Title 82, unless there is created a duplication in numbering, rea ds as follows: A. This act shall be known and may be cited as the “Oklahoma Water Economic Impact Study Act”. Req. No. 3749 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 B. There is hereby created in the State Treasury a revolving fund for the Oklahoma Water Resources Board to be designated the “Oklahoma Water Economic Impact Study Fund ” for the purpose of conducting instream flow studies . The revolving fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Oklahoma Water Resources Board from the appropriations, apportionments, donations, federal grants, and fee revenues designated for the purposes of implementing the provisions of this act. All monies accruing to the credit of the fund may be budgeted and expended by the Secretary of Energy and Environment, in agreement w ith the Executive Director of the Oklahoma Water Resources Board. Expenditures from the fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Di rector of the Office of Management and Enterprise Services for approval and payment. C. 1. The Secretary of Energy and Environment and the Executive Director of the Oklahoma Water R esources Board shall confer for the consideration of conducting a water economic impact study. Water economic impact studies shall be con ducted for the purpose of educating stakeholders on the value of all uses of the particular body of water at the subject of a study pursuant to this act. A study conducted pursuant to this act shall have the goals of informing communities and st akeholders about the protection, conservation, recreational use, and economic development of wa ter Req. No. 3749 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 resources and to encourage the protection of the rights of the citizens of this state to use water for riparian and domestic use as authorized pursuant to Section 105.2 of Title 82 of the Oklahoma Statutes. 2. Water economic impact studies shall only be conducted on the Little River in McCurtain County, the Glover River in McCurtain County, and the Mountain Fork River in McCurtain Count y. Any water economic impact study conducted pursuant to this act shal l commence upon the availability of funds. D. The Oklahoma Water Resource s Board may work in cooperation with the Oklahoma Department of Commerce to conduct any water economic impact study conducted under this act . A final copy of the completed instream flow study shall be submitted to the Governor, the President Pro Tempore of the Senate , the Speaker of the House of Representatives, and the Secretary of Energy and Environment. E. The Oklahoma Water Resources Board may promulgate rules to implement the provisions of this act. SECTION 2. This act shall become effective July 1, 2022. SECTION 3. It being immediately necessary for the preservation of the public peace, health or safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval. 58-2-3749 RJ 3/31/2022 9:58:01 AM