Relating to water resource target regions.

Makes findings and declarations regarding use of state region approach to water resource management and drought resilience. Directs Water Resources Department to establish and administer six target regions within state for purpose of addressing priorities and achieving goals to improve water resource management and drought resiliency. Requires department to consult with Oregon Business Development Department, Regional Solutions Program and Oregon Watershed Enhancement Board regarding establishment and administration of target regions. Requires Water Resources Department to establish transition teams to assist department with establishment of target regions. Requires joint agency report to interim committee of Legislative Assembly no later than September 15, 2018, regarding opportunities for integrating resources to optimize water development or water supply study resources.