Requires the department of fish and wildlife, before acquiring real property for purposes of wildlife areas, water access sites, or other habitat or recreation purposes, to submit certain information to the appropriate committees of the senate and house of representatives, the office of financial management, and the recreation and conservation office.

Requires the department of natural resources, before acquiring real property for purposes of a natural area preserve, natural resources conservation area, community forest trust, or other habitat or recreation purposes, to submit certain information to the appropriate committees of the senate and house of representatives, the office of financial management, and the recreation and conservation office.

Requires the parks and recreation commission, before acquiring real property, to submit certain information to the appropriate committees of the senate and house of representatives, the office of financial management, and the recreation and conservation office.

Expands required documentation for a capital appropriation requested for a state agency for certain acquisitions of land or certain capital improvements of land.

Requires the joint legislative audit and review committee to conduct a study of the department of fish and wildlife, the department of natural resources, and the parks and recreation commission to evaluate agency compliance in implementing the requirements of this act.