Establishes a stakeholder group in the Oswego river basin

This bill creates a new stakeholder group for the Oswego River Basin to help coordinate water releases during high-flow events. The group will include entities that control floodwater, community representatives, environmental officials, and experts, and it must be formed within six months of the bill taking effect. After reviewing available data on flood storage and watershed releases, the group will propose a regulatory plan to the state's top legislative and executive leaders. The proposed plan could involve keeping the stakeholder group, mandating coordination through new laws, or establishing an independent water regulating district with authority over water releases.