House Bill No. 2789 appropriates a total of $9,925,661.48 to the Oklahoma Water Resources Board from the Statewide Recovery Fund to support various projects. Specifically, it allocates $3,300,000 for increased costs of a project funded in the 58th Oklahoma Legislature and $6,625,661.48 for completing projects that did not receive funding in previous grant programs. The bill establishes a Statewide Recovery Special Account for these appropriations, which will remain active as long as funds related to the American Rescue Plan Act of 2021 are being managed. The Oklahoma Water Resources Board is authorized to request the transfer of these funds into the special accounts and must comply with reporting requirements to the Joint Committee on Pandemic Relief Funding.

Additionally, the bill allows the Oklahoma Water Resources Board to enter into memorandums of understanding with other state agencies for the management of the appropriated funds, while ensuring that control over the funds remains with the Board. It also permits the Board to retain up to 4% of the appropriated funds for administrative costs, provided these costs comply with federal regulations. The Board is required to submit quarterly reports detailing the management of the funds and to appear before the Joint Committee for updates on the implementation of the act. The bill is set to take effect on July 1, 2025, and includes an emergency clause for immediate enactment upon passage.