Mitigation credits are used in each basin located in water management districts to mitigate wetland areas for development. Currently, some basins in the state are out of mitigation credits and more are expected to run out in the next few years. If mitigation credits are not available, development will halt in these areas. Unlike Florida Department of Environmental Protection and/or water management district credits, the Army Corps of Engineers allows mitigation credits to be purchased from surrounding basins if certain conditions are met.

Where do we stand today?

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