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 will oversee the implementation of the act and must possess expertise in conservation and recreation planning. The DEP is required to develop a project plan for the restoration of the Ocklawaha River by July 1, 2027, which will include engineering updates, cost estimates, and recommendations for infrastructure that supports the restoration efforts. The project plan will be classified as an environmental restoration project subject to general permits, and the DEP must complete the restoration by December 31, 2032, contingent on funding availability.

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 members appointed by the Governor and local county commissioners. The council is tasked with submitting an advisory report by February 1, 2027, outlining recommendations for outdoor recreation projects, grant program guidelines, and measures to mitigate impacts on local property owners. The DEP is also required to develop an outdoor recreation plan and a grant program for river communities by January 1, 2028, while the Department of Commerce will create an economic development program for Marion and Putnam Counties, also to be implemented by the same date.