Directs the department of ecology to study and review innovative strategies and processes for supporting conservation development strategies in the rural area, particularly related to provision of water. The objectives of this study are to provide certainty and improve water flows in impaired or at-risk basins through a variety of strategies, while advancing innovative conservation development.

Appropriates the sum of two hundred fifty thousand dollars, or as much thereof as may be necessary, for the fiscal year ending June 30, 2008, from the general fund to the department of ecology for the purposes of this act.

Appropriates the sum of two hundred fifty thousand dollars, or as much thereof as may be necessary, for the fiscal year ending June 30, 2009, from the general fund to the department of ecology for the purposes of this act.