The bill establishes the High Plains Research Station and Arboretum as a state historic site, managed by the Department of State Parks and Cultural Resources. It mandates the development of a strategic master plan for the preservation and operation of the site, allowing the department to enter into agreements with various entities for its administration and maintenance. The bill also authorizes the imposition of fees beyond standard permit fees to cover expenses related to the site's preservation and operations, with any unspent fees to be deposited into the state parks account.

Additionally, the bill appropriates $3,338,756 from the general fund for the site, which must be used exclusively for its purposes and will be reduced by any amount expended from previously appropriated funds. The Department is required to initiate the strategic master plan within one year of the bill's effective date and report its progress to the relevant legislative committee by October 1, 2026. The act takes effect immediately upon completion of the necessary legislative processes.