Wetland Mitigation (Watch)

Wetland Mitigation (Watch)

HB 521 (McClure) and SB 532 (Lee) amend current law provisions relating to wetland mitigation banking and offsite regional wetland mitigation. HB 521 specifies that statutory provisions relating to wetland banking and mitigation do not affect current wetland mitigation sequencing under state or federal law. It deletes current law provisions that prohibit a governmental entity from providing mitigation for a project other than its own unless the entity provides the same financial assurances as required for mitigation banks. SB 532 modifies current law to specify that a governmental entity may provide mitigation for a project other than its own if the mitigation credits available from such mitigation are only sold or used when alternative mitigation credits are not available. (O’Hara)