Oklahoma Senate Bill SB1588

Oklahoma 2022 Regular Session

• Introduced: 2/7/22
• Refer: 2/8/22

Caption

Water and water rights; creating economic impact study fund; authorizing Oklahoma Water Resources Board to conduct study. Effective date.

Impact

The bill will have significant implications for state laws regarding water resource management. It empowers the Oklahoma Water Resources Board to conduct instream flow studies, which are essential for maintaining the ecological health of freshwater systems. The results from these studies will inform how water resources are allocated and utilized, aiding in decisions that impact agriculture, urban development, and conservation efforts. By centralizing this funding and authority, the bill seeks to promote efficient stewardship of water resources while also considering the economic ramifications of water management practices.

Summary

Senate Bill 1588, also known as the Oklahoma Water Economic Impact Study Act, aims to establish a framework for conducting studies on the economic impact of instream flows in Oklahoma. It creates the Oklahoma Water Economic Impact Study Fund, which is intended to finance these studies and ensures ongoing funding through various sources such as appropriations and grants. The bill emphasizes the importance of understanding how water flow impacts ecosystems and the communities that depend on them, thereby addressing both environmental and economic considerations related to water management.

Contention

Despite its potential benefits, SB1588 may face contention from various stakeholders. Supporters argue that the bill is a necessary step for ensuring that Oklahoma's water resources are managed effectively and sustainably. However, there could be opposition from interest groups that fear possible restrictions on water usage or those who believe that more localized approaches to water management might be more effective. The collaboration required among various state agencies also brings concerns over bureaucratic complexities and the speed of implementing studies and interventions necessary for addressing water issues.