Assembly Bill 435 aims to reauthorize and enhance the Warren Knowles-Gaylord Nelson Stewardship 2000 Program until 2032, significantly increasing the funding available for conservation activities. The bill raises the total annual obligation for the stewardship program from $33.25 million to $72 million starting in fiscal year 2026-27. It also increases the funding for the land acquisition subprogram from $16 million to $17.2 million, with a specific allocation for grants to nonprofit conservation organizations raised from $7 million to $11.35 million. Additionally, the bill introduces a new motorized recreation subprogram with an annual budget of $2 million and renames the recreational boating aids subprogram to local recreation boat facilities, increasing its funding from $3 million to $7.8 million.

Furthermore, the bill establishes the Knowles-Nelson stewardship board within the Department of Natural Resources (DNR) to oversee large land acquisition projects and provide advice on stewardship activities. The board will consist of various appointed members, including representatives from the assembly, environmental organizations, and local government. The bill also creates new grant programs for nonprofit conservation organizations focused on wildlife and habitat management, as well as a tribal co-management program to enhance collaboration with federally recognized American Indian tribes in managing DNR lands. Notably, the bill repeals certain provisions related to land acquisition and appraisal processes, streamlining the funding and oversight mechanisms for conservation efforts.