The bill amends the West Virginia Code to establish the West Virginia State Parks and Recreation Endowment Fund, which will continue to receive royalties from the leasing of state-owned gas, oil, and other mineral rights beneath the Ohio River and its tributaries, as well as any designated gifts or contributions. The fund's assets will be invested by a board of trustees, and expenditures will be made for the maintenance, repair, and improvement of recreational facilities, including state parks, forests, and rail trails.

A significant change introduced by the bill is the allocation of royalties: starting July 1, 2026, fifty percent of these royalties will be directed towards the operation and maintenance of state parks and related areas. If the fund's balance reaches or exceeds $100 million, this allocation will increase to one hundred percent. Conversely, if the balance falls below $100 million, the distribution will revert to fifty percent until the threshold is met again. Additionally, the bill allows the fund's assets to be used as collateral for the State Parks Enhancement Loan Insurance Program, but prohibits the use of investment income for loan insurance.