Mitigation credits are used in each basin located in water management districts to mitigate wetland areas for development.
Several basins have already exhausted their mitigation credits, with more expected to follow. Without an alternative, development in these areas will come to a standstill.
FHBA Position: Seek legislation that would allow mitigation credits in areas depleted of credits to be purchased from surrounding basins located within the water management district and/or reduce the timeline for DEP’s approval of mitigation banking credits.
Last Action:
Senate:
- Referred to Environment and Natural Resources; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
- On Committee agenda – Environment and Natural Resources
- Favorable by Environment and Natural Resources
- Now in Appropriations Committee on Agriculture, Environment, and General Government
House:
- Referred to Natural Resources & Disasters Subcommittee; Agriculture & Natural Resources Budget Subcommittee; State Affairs Committee
- Now in Natural Resources & Disasters Subcommittee
- Added to Natural Resources & Disasters Subcommittee agenda
- Favorable by Natural Resources & Disasters Subcommittee
- Reported out of Natural Resources & Disasters Subcommittee
- Laid on Table under Rule 7.18(a)
- CS Filed
- 1st Reading
- Referred to State Affairs Committee
- Now in State Affairs Committee
Related Bill: HB 1175