The bill, titled the "Northeast Florida Rivers, Springs, and Community Investment Act," establishes a framework for the restoration and economic development of the Ocklawaha River and its tributaries. It mandates the Department of Environmental Protection (DEP) to hire a project lead by August 31, 2026, who must possess expertise in conservation and recreation planning. The DEP is required to develop a comprehensive project plan for the river's restoration by July 1, 2027, which aims to restore its natural flow and enhance recreational opportunities. This plan will be subject to general permits from the DEP and water management districts and must be completed by December 31, 2032, contingent on available funding.

Additionally, the bill creates the Northeast Florida River and Springs Recreation and Economic Development Advisory Council, which will be chaired by the project lead and consist of 19 members appointed by various stakeholders, including the Governor and the Legislature. The council is tasked with submitting an advisory report by February 1, 2027, detailing recommendations for the outdoor recreation plan and economic development initiatives in Marion and Putnam Counties. The DEP is also required to develop an outdoor recreation plan and a grant program to support river communities, with implementation timelines set for January 1, 2028, and December 31, 2035, respectively. The economic development program must align with the overall project plan and is contingent on its commencement.