The bill establishes the Water Infrastructure Enhancement Program under the Oklahoma Water Resources Board, aimed at modernizing and ensuring the long-term stability of essential water infrastructure in the state. The Board is tasked with administering the program, which includes delivering grants to communities, launching a water education outreach campaign, incentivizing regional planning, and deploying environmental compliance programs. Additionally, the Board is authorized to promulgate rules to implement the program effectively.

To support this initiative, the bill creates the Water Infrastructure Enhancement Revolving Fund, which will consist of appropriated funds and will be used for various purposes, including grants and low-interest loans. The bill allocates specific percentages of the fund for different programs, such as the Rural Economic Action Plan and technical assistance. It also appropriates $50 million from the General Revenue Fund for the fiscal year ending June 30, 2027, to support the Board's duties. The act is set to take effect on July 1, 2026, and includes an emergency clause for immediate implementation upon passage.