Instructs the Department of Natural and Cultural Resources (Department) to negotiate a Memorandum of Agreement (MOA) for the Department to do both of the following:

• Assume the management and operation of the River Walk, adjacent Park, and any associated parking areas (collectively, the Facilities) in the Town of Fair Bluff (Town) as a unit of Lumber River State Park (Park).
• Utilize the Town’s Lumber River Visitors Center (Center) as the headquarters of the Park.

Requires the MOA to:

• Be entered into no later than March 1, 2026.
• Be submitted to the Joint Legislative Oversight Committee on Governmental Operations and the Fiscal Research Division prior to the convening of the 2026 Regular Session of the 2025 General Assembly.
• Include delineation of the areas subject to management by the Town and the areas subject to management by the Department.
• Include the establishment, collection, and sharing of any user fees for property usage and events operated at the Facilities and the Center. Noting, however, that this is not (1) intended to require an admission charge to any property or any event, or (2) authorizing the Department to charge an admission fee for use of the Facilities or the Center other than during a festival or other special event or as a rental fee for a private event.
• Include the adoption and enforcement of bylaws, rules, and guidelines needed for the Department to carry out the required management duties.
• Include the transfer or agreement on shared use, management, or implementation of any assets, liabilities, contracts, or agreements between the Town and the Department necessary to carry out the duties imposed on the parties by the MOA, to be made in accordance with applicable law.  

Allows, but does not require, the MOA to provide for shared management of parking and other areas utilized for the River Walk, the Park, and the Center and for other uses.