Wetland and stream mitigation banks; proximity of impacted site. (HB1983)

Introduced By

Progress

✓	Introduced
☐	Passed Committee
☐	Passed House
☐	Passed Senate
☐	Signed by Governor
☐	Became Law

Description

Wetland and stream mitigation banks; proximity of impacted site. Provides that when a water protection permit applicant is required to purchase wetland or stream mitigation bank credits but no credits are available (i) in any mitigation provider's primary service area or (ii) at a cost of less than 200 percent of the price of credits available from a fund dedicated to achieving no net loss of wetland acreage and functions, the applicant may purchase or use credits from a mitigation provider's secondary service area. The bill provides certain requirements that the permit applicant must comply with in order to purchase or use such credits from a secondary service area, including minimum tree canopy requirements. Read the Bill »

Status

01/11/2021: Awaiting a Vote in the Agriculture, Chesapeake and Natural Resources Committee

History

Date	Action
01/11/2021	Committee
01/11/2021	Prefiled and ordered printed; offered 01/13/21 21102632D
01/11/2021	Referred to Committee on Agriculture, Chesapeake and Natural Resources