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CS/CS/HB 1175: Mitigation Banks

GENERAL BILL by State Affairs Committee ; Natural Resources & Disasters Subcommittee ; Duggan

Mitigation Banks; Revises provisions for release & use of mitigation bank credits; provides conditions for use of out-of-service-area mitigation credits; provides methodology for determining award of such credits; authorizes alternative release schedules; requires mitigation banks to submit specified accountings to DEP or WMD; requires DEP or WMD to submit specified annual reports to Legislature; requires certain WMDs, upon application by owner of parcel subject to conservation easement, to release conservation easement if specified conditions are met, including obtaining sufficient mitigation credits from mitigation bank; provides for valuation of property upon such release & authorizes such land to be used for development consistent with certain zoning.

Effective Date: 7/1/2025
Last Action: 4/7/2025 House - Added to Second Reading Calendar
Bill Text: PDF



Bill History

Date Chamber Action
2/26/2025 House • Filed
3/4/2025 House • 1st Reading (Original Filed Version)
3/5/2025 House • Referred to Natural Resources & Disasters Subcommittee
• Referred to Agriculture & Natural Resources Budget Subcommittee
• Referred to State Affairs Committee
• Now in Natural Resources & Disasters Subcommittee
3/14/2025 House • Added to Natural Resources & Disasters Subcommittee agenda
3/18/2025 House • Favorable with CS by Natural Resources & Disasters Subcommittee
3/20/2025 House • Reported out of Natural Resources & Disasters Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 1)
3/21/2025 House • Referred to State Affairs Committee
• Now in State Affairs Committee
3/31/2025 House • Added to State Affairs Committee agenda
4/2/2025 House • Favorable with CS by State Affairs Committee
4/3/2025 House • Reported out of State Affairs Committee
4/4/2025 House • Laid on Table under Rule 7.18(a)
• CS Filed
4/7/2025 House • Bill referred to House Calendar
• 1st Reading (Committee Substitute 2)
• Added to Second Reading Calendar