This bill provides that the Wells National Estuarine Research Reserve contains lands or interests in land within the defined location of the reserve acquired from willing sellers or added to the reserve by agreement for the purpose of furthering the reserve's conservation, research or educational purposes.

The bill also changes references to the Bureau of Parks and Recreation and the Bureau of Public Lands to the Department of Conservation.

Finally, the bill requires the Wells National Estuarine Research Reserve Management Authority to provide a copy of its annual financial report to the joint standing committee of the Legislature having jurisdiction over conservation matters. Current law requires the authority to provide a copy of this report to the Joint Standing Committee on Energy and Natural Resources.