OK HB2988

Renames the "Terry Peach North Canadian Watershed Restoration Act" to the "Terry Peach Water Restoration Act" and expands the program from a pilot targeting only the North Canadian Watershed to a statewide program covering all Oklahoma watersheds

Expands the list of harmful woody species targeted for removal to include Redberry juniper, Ashe juniper, and honey mesquite, in addition to the previously covered Eastern Redcedar, Rocky Mountain juniper, oneseed juniper, and salt cedar

Oklahoma Conservation Commission administers the program to remove invasive woody species that damage grazing lands, create wildfire risk, reduce wildlife habitat, and decrease water flow into waterways

Program provides cost-sharing with landowners and grants to conservation districts, rural fire departments, and prescribed burn associations for species removal through prescribed burns, mechanical removal, biological controls, or herbicide applications

Renames the revolving fund to "Water Restoration Revolving Fund" and expands its use to fund harmful woody species removal throughout all state watersheds; effective November 1, 2026