Yellow River is one the most difficult rivers to manage in the world. With the economic and social development in the Yellow River Basin, the inherent contradictions in the basin and defects in management aggravate the difficulty in management. Therefore, it is necessary for legislation to regulate the complex relationships between different industries, river basin and regional area, as well as different regions and departments. However, the pursuit of rapid economic growth makes it difficult to widely publicize the river basin management concept of adaptive human activities to river basin characteristics. The status and responsibilities of river basin management agency are difficult to reach a consensus, allocation of legislative power is not reasonable, and the impacts of constraints of social and legal level and lack of theoretical studies, all of above results in that the Yellow River Law which has been called for many years was delayed in the process of national legislation. The recognition of the importance of the Yellow River Law, reformation of the legislation system, improvement of the prophase research on legislation, summary of the successful practice, and clear guiding ideology and principles of legislation are important for the achievement of a breakthrough in the legislation of Yellow River Law.