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

Introduced By

Del. David Bulova (D-Fairfax) with support from co-patrons Del. Kaye Kory (D-Falls Church), Del. Alfonso Lopez (D-Arlington), and Del. Kathleen Murphy (D-McLean)

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

03/18/2021: signed by governor

History