The bill proposes the establishment of a Local Road Wetland Replacement Program, which includes a one-time appropriation of $15,000,000 from the bond proceeds fund and $11,500,000 from the general fund for fiscal year 2026. These funds are designated for the Board of Water and Soil Resources to acquire land or permanent easements and to restore, create, enhance, and preserve wetlands that have been impacted by the repair or rehabilitation of public roads. The bill allows the board to adjust the priority order for wetland replacement in accordance with federal regulations and mandates that the purchase price for land or easements be determined at fair market value.

Additionally, the bill authorizes the sale and issuance of state bonds up to $15,000,000 to fund the appropriations from the bond proceeds fund. It also includes a base appropriation of $15,000,000 for fiscal year 2027 for the same purposes as outlined for fiscal year 2026. The effective date of the bill is set for the day following its final enactment.