Creates a new "outdoor recreation and climate adaptation account" in the state treasury, funded by transfers from the existing climate investment account. Money in the new account may be spent only after appropriation and is authorized for a range of purposes tied to outdoor recreation and climate adaptation, including forest health, drought resilience, flood risk mitigation, Puget Sound recovery and water quality, outdoor recreation improvements (parks, trails, marinas, buoys), stormwater actions beneficial to salmon, tribal mitigation and relocation capital investments, and decarbonization of medium and heavy duty vehicles. The bill states legislative funding intents for certain programs (for example, at least $10 million per biennium for forestry riparian easements, and at least $50 million per biennium each for tribal mitigation/relocation support and for vehicle decarbonization). The act also repeals the climate commitment account (RCW 70A.65.260) and the natural climate solutions account (RCW 70A.65.270). The bill reenacts and amends existing RCW 70A.65.030 and related provisions to replace prior account references with the new account and to add environmental justice and reporting requirements. Agencies allocating funds from the listed accounts must conduct environmental justice assessments consistent with RCW 70A.02.060, report annually to the Environmental Justice Council, and meet an investment floor and goal—at least 35 percent (with a 40 percent goal) of total investments providing direct and meaningful benefits to vulnerable populations within overburdened communities. The Environmental Justice Council’s duties are expanded, two additional tribal members are added, and the council must make recommendations about program design, investment plans, evaluation, and public engagement. A limited requirement to create community engagement plans applies only to executive branch agencies and higher education institutions that received more than $2,000,000 in appropriations for the 2023–2025 biennium from the listed accounts. The bill imposes procedural changes for tribal consultation and funding decisions. Agencies and applicants must engage in early, meaningful preapplication consultation with affected federally recognized tribes and must notify and offer discussions with the Department of Archaeology and Historic Preservation, the Department of Fish and Wildlife, and affected tribes. Applicants must document those notifications and include tribal summaries in official files; certain exempt information need not be disclosed. If a project that may impact tribal resources proceeds without consultation, an affected tribe may request cessation of further action until meaningful consultation is completed, and a formal review process through the governor’s office of Indian affairs (with specified meeting timelines) and optional government‑to‑government mediation is provided. Agencies may not approve or release funding or otherwise advance a project during formal review or mediation processes. The act also directs the state treasurer to distribute climate investment account funds in excess of administrative appropriations annually to the new account beginning July 1, 2023, caps administrative appropriations at up to 5% of allowance auction receipts, and authorizes certain temporary transfers during the 2023–2025 biennium. The provided text is incomplete and ends mid‑sentence in places. The identity of "the department" referenced for coordination and for establishing the tribal capacity grant program is not specified in the extracted material, and some referenced subsections, amendments, and implementation details are missing from these excerpts.

If enacted, the law would create a new "outdoor recreation and climate adaptation" account that will receive surplus money from the state's climate investment account and direct appropriated funds to activities like forest health, drought resilience, floodplain and salmon‑helpful stormwater projects, Puget Sound recovery, outdoor recreation improvements, marina/buoy and trail grants, tribal climate adaptation and relocation capital, and decarbonization of medium and heavy duty vehicles. The Legislature signals specific funding priorities—minimum biennial targets such as $10 million for riparian easements, and intentions to dedicate at least $50 million per biennium each for tribal mitigation/relocation support and for vehicle decarbonization—and the state treasurer is required to move excess climate investment account receipts into the new account annually after administrative caps. State agencies that allocate these funds, plus executive branch agencies and higher education institutions receiving more than $2 million from the listed accounts, will face new costs and duties: environmental justice assessments, annual reporting to the Environmental Justice Council, community engagement plans, and meeting investment targets that prioritize overburdened communities (a minimum 35 percent, goal 40 percent). Applicants and agencies must follow an early preapplication tribal notification and consultation process, document outreach to the Department of Archaeology and Historic Preservation and Department of Fish and Wildlife, and tribes can request a pause and formal review or mediation if consultation is not completed, which can delay projects; tribal capacity grants and training are authorized but depend on appropriations. Some implementation details are unclear from the provided text—such as the identity of a referenced "the department" and complete procedural language—so timing, exact eligibility rules, and administrative processes may change when the missing portions are considered.