Florida Senate - 2025                        COMMITTEE AMENDMENT
       Bill No. CS for SB 492
       
       
       
       
       
       
                                Ì145310eÎ145310                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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       The Committee on Rules (McClain) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 70 - 277
    4  and insert:
    5  the credit release schedule set forth in paragraph (a) a
    6  schedule for the release of those credits awarded by in the
    7  mitigation bank permit. A mitigation credit that has been
    8  released may be sold or used to offset adverse impacts from an
    9  activity regulated under this part.
   10         (a)1. Thirty percent of awarded credits shall be released
   11  upon the recordation of the conservation easement and
   12  establishment of financial assurances required by the mitigation
   13  bank permit. If a preservation-only assessment area is used, 100
   14  percent of awarded credits shall be released for the recordation
   15  of the conservation easement and establishment of financial
   16  assurances required by the mitigation bank permit. The
   17  department or the water management district shall allow a
   18  portion of the mitigation credits awarded to a mitigation bank
   19  to be released for sale or use prior to meeting all of the
   20  performance criteria specified in the mitigation bank permit.
   21  The department or the water management district shall allow
   22  release of all of a mitigation bank’s awarded mitigation credits
   23  only after the bank meets the mitigation success criteria
   24  specified in the permit.
   25         2.(b)Thirty percent of awarded credits shall be released
   26  following completion of initial construction activities as
   27  established by the mitigation bank permit.
   28         3. Twenty percent of awarded credits shall be released in
   29  increments as monitoring indicates interim performance criteria
   30  established by the mitigation bank permit are being met.
   31         4. Twenty percent of awarded credits shall be released upon
   32  meeting final success criteria established by the mitigation
   33  bank permit The number of credits and schedule for release shall
   34  be determined by the department or water management district
   35  based upon the performance criteria for the mitigation bank and
   36  the success criteria for each mitigation activity. The release
   37  schedule for a specific mitigation bank or phase thereof shall
   38  be related to the actions required to implement the bank, such
   39  as site protection, site preparation, earthwork, removal of
   40  wastes, planting, removal or control of nuisance and exotic
   41  species, installation of structures, and annual monitoring and
   42  management requirements for success. In determining the specific
   43  release schedule for a bank, the department or water management
   44  district shall consider, at a minimum, the following factors:
   45         1. Whether the mitigation consists solely of preservation
   46  or includes other types of mitigation.
   47         2. The length of time anticipated to be required before a
   48  determination of success can be achieved.
   49         3. The ecological value to be gained from each action
   50  required to implement the bank.
   51         4. The financial expenditure required for each action to
   52  implement the bank.
   53         (b)The mitigation bank applicant may propose an
   54  alternative credit release schedule and the department or water
   55  management district shall consider the proposed alternative
   56  credit release schedule.
   57         (c)Upon request by a mitigation bank permittee for
   58  modification of the credit release schedule of a permitted
   59  mitigation bank, the department or relevant water management
   60  district shall modify the credit release schedule to conform it
   61  to paragraph (a) if such permitted mitigation bank has not yet
   62  had mitigation credits released for the completion of
   63  construction activities. The department or water management
   64  district may not alter, change, or modify any other provision of
   65  the mitigation bank permit unrelated to the credit release
   66  schedule.
   67         (d)(c) Notwithstanding the provisions of this subsection, a
   68  mitigation no credit may not shall be released for freshwater
   69  wetland creation until the success criteria established included
   70  in the mitigation bank permit for initial construction
   71  activities are met.
   72         (e)(d) The withdrawal of mitigation credits from a
   73  mitigation bank shall be accomplished as a minor modification of
   74  the mitigation bank permit. A processing fee is not shall not be
   75  required by the department or water management district for this
   76  minor modification.
   77         (6) MITIGATION SERVICE AREA.—The department or water
   78  management district shall establish a mitigation service area
   79  for each mitigation bank permit. The department or water
   80  management district shall notify and consider comments received
   81  on the proposed mitigation service area from each local
   82  government within the proposed mitigation service area. Except
   83  as provided in this section herein, mitigation credits may be
   84  withdrawn and used only to offset adverse impacts in the
   85  mitigation service area. The boundaries of the mitigation
   86  service area shall depend upon the geographic area where the
   87  mitigation bank could reasonably be expected to offset adverse
   88  impacts. Mitigation service areas may overlap, and mitigation
   89  service areas for two or more mitigation banks may be approved
   90  for a regional watershed.
   91         (a) In determining the boundaries of the mitigation service
   92  area, the department or the water management district shall
   93  consider the characteristics, size, and location of the
   94  mitigation bank and, at a minimum, the extent to which the
   95  mitigation bank:
   96         1. Contributes to a regional integrated ecological network;
   97         2. Will significantly enhance the water quality or
   98  restoration of an offsite receiving water body that is
   99  designated as an Outstanding Florida Water, a Wild and Scenic
  100  River, an aquatic preserve, a water body designated in a plan
  101  approved pursuant to the Surface Water Improvement and
  102  Management Act, or a nationally designated estuarine preserve;
  103         3. Will provide for the long-term viability of endangered
  104  or threatened species or species of special concern;
  105         4. Is consistent with the objectives of a regional
  106  management plan adopted or endorsed by the department or water
  107  management districts; and
  108         5. Can reasonably be expected to offset specific types of
  109  wetland impacts within a specific geographic area. A mitigation
  110  bank need not be able to offset all expected impacts within its
  111  service area.
  112         (b) The department and water management districts shall use
  113  regional watersheds to guide the establishment of mitigation
  114  service areas. Drainage basins established pursuant to s.
  115  373.414(8) may be used as regional watersheds when they are
  116  established based on the hydrological or ecological
  117  characteristics of the basin. A mitigation service area may
  118  extend beyond the regional watershed in which the bank is
  119  located into all or part of other regional watersheds when the
  120  mitigation bank has the ability to offset adverse impacts
  121  outside that regional watershed. Similarly, a mitigation service
  122  area may be smaller than the regional watershed in which the
  123  mitigation bank is located when adverse impacts throughout the
  124  regional watershed cannot reasonably be expected to be offset by
  125  the mitigation bank because of local ecological or hydrological
  126  conditions.
  127         (c) Once a mitigation bank service area has been
  128  established by the department or a water management district for
  129  a mitigation bank, such mitigation bank shall be deemed to
  130  implement a plan that provides regional ecological value; such
  131  service area shall be accepted by all water management
  132  districts, local governments, and the department; and the use of
  133  credits from such mitigation bank to offset impacts within that
  134  bank’s service area shall be considered to have met the
  135  cumulative impact requirements of s. 373.414(8)(a).
  136         (d) If the requirements in provisions of s. 373.414(1)(b)
  137  and (8) are met, the following projects or activities regulated
  138  under this part shall be eligible to use a mitigation bank,
  139  regardless of whether they are located within the mitigation
  140  service area:
  141         1. Projects with adverse impacts partially located within
  142  the mitigation service area.
  143         2. Linear projects, such as roadways, transmission lines,
  144  distribution lines, pipelines, railways, or seaports listed in
  145  s. 311.09(1).
  146         3. Projects with total adverse impacts of less than 1 acre
  147  in size. and an insufficient number or type of credits from
  148  banks whose permitted service area overlays in whole or in part
  149  the regional watershed in which the impacts occur, the permit
  150  applicant is entitled to a one-time use of credits released from
  151  a mitigation bank outside the mitigation bank service area to
  152  offset impacts pursuant to s. 373.414(1)(b), as established by
  153  the procedure in paragraph (f). The department or water
  154  management district must have determined that the mitigation
  155  service area lacked the appropriate credit type and the
  156  implementation of permittee-responsible mitigation was not
  157  sufficient offset impacts associated with the proposed project.
  158  Priority must be given to mitigation banks whose permitted
  159  service area fully includes the impacted site. If the number of
  160  released credits within a mitigation service area only partially
  161  offsets the impacts associated with a proposed project in the
  162  mitigation service area, the permit applicant may only use out
  163  of-service-area credits to account for the difference between
  164  the released credits available in the mitigation bank service
  165  area and the credits required to offset the impacts associated
  166  with the proposed project. In implementing this subsection, the
  167  department and water management districts shall apply a
  168  proximity factor to determine adequate compensatory mitigation
  169  as follows:
  170         1. A 1.0 multiplier shall be applied for use of in-kind
  171  credits within the service area.
  172         2. A 1.0 multiplier shall be applied for use of in-kind and
  173  out-of-service-area credits when the service area overlays part
  174  of the same regional watershed as the proposed impacts only
  175  after credit-deficiency has been established by the procedure
  176  set forth in paragraph (f).
  177         3. A 1.2 multiplier shall be applied for use of in-kind and
  178  out-of-service-area credits located within a regional watershed
  179  immediately adjacent to the regional watershed overlain by a
  180  bank service area in which proposed impacts are located only
  181  after credit-deficiency has been established by the procedure
  182  set forth in paragraph (f).
  183         4. When in-kind credits are not available to offset impacts
  184  in the regional watershed immediately adjacent to the regional
  185  watershed overlain by a mitigation bank service area in which
  186  the proposed impacts are located, an additional 0.25 multiplier
  187  shall be applied for each additional regional watershed boundary
  188  crossed only after credit-deficiency has been established by the
  189  procedure set forth in paragraph (f).
  190         5. An additional 0.50 multiplier shall be applied after any
  191  multipliers required in subparagraphs 1.-4., if the mitigation
  192  used to offset impacts entails out-of-kind replacement.
  193         (e) Use of the multipliers in subparagraphs (d)2., 3., 4.,
  194  and 5. meets the requirements of s. 373.414(8)(a) for addressing
  195  cumulative impacts.
  196         (f) Once the amount of mitigation required to offset
  197  impacts has been determined, and the department or water
  198  management district determines that out-of-service-area or out
  199  of-kind mitigation is necessary , the department or water
  200  management district shall contact all mitigation banks with a
  201  mitigation service area encompassing the location of the
  202  proposed impacts within 7 business days after receipt of the
  203  request from the permit applicant and request an accounting of
  204  available credits, including out-of-kind credits. The accounting
  205  may not include credits reserved for other permit applicants.
  206  The mitigation banks contacted by the department or water
  207  management district shall be allowed 15 business days after
  208  receipt of the request by the department or water management
  209  district to reply to such request. If one or more mitigation
  210  banks replying to the request notifies the department or the
  211  water management district that out-of-kind credits are available
  212  to offset the proposed impact and the department or a water
  213  management district determines that such out-of-kind credits are
  214  appropriate to offset all or part of the proposed impact, the
  215  department or the water management district shall notify the
  216  permit applicant that sufficient credits are available within
  217  that bank’s service area to offset the proposed impacts and the
  218  use of credits from another mitigation bank outside of that
  219  other mitigation bank’s service area may not occur until use of
  220  all of the out-of-kind credits occurs as allowed by the
  221  department or water management district. If a mitigation bank
  222  does not reply within the 15 business day timeframe, it is
  223  presumed credits are not available. Upon receipt of the
  224  accounting from the mitigation banks, the department or water
  225  management district shall determine if sufficient credits are
  226  available to offset impacts associated with the proposed project
  227  and notify the permit applicant of such determination within 15
  228  business days. The permit applicant, and no other entity, may
  229  rely on the determination from the department or water
  230  management district for a period of six months beginning on the
  231  date the department or water management district notifies the
  232  permit applicant of such determination, but only for purposes
  233  relating to the pending application producing such determination
  234  and not any extensions, nor renewals, nor modifications of any
  235  permit issued pursuant to that pending application, nor for any
  236  other permit application.
  237  
  238  ================= T I T L E  A M E N D M E N T ================
  239  And the title is amended as follows:
  240         Delete lines 2 - 33
  241  and insert:
  242         An act relating to land development; amending s.
  243         373.4136, F.S.; beginning on a specified date,
  244         revising the schedule for credit release upon issuance
  245         of a mitigation bank credit permit; providing
  246         specifications for such schedule; authorizing a
  247         mitigation bank applicant to propose an alternative
  248         credit release schedule and requiring the Department
  249         of Environmental Protection or water management
  250         district to consider such credit release schedule;
  251         requiring the department or water management district
  252         to modify an existing permitted credit release
  253         schedule upon the request of the mitigation bank
  254         permittee under certain circumstances; prohibiting the
  255         department from altering, changing, or modifying other
  256         provisions of the mitigation bank permit that are
  257         unrelated to the credit release schedule; prohibiting
  258         a mitigation credit from being released for freshwater
  259         wetland creation until certain conditions are met;
  260         revising the results of the establishment of a
  261         mitigation bank service area; revising the projects or
  262         activities eligible to use credits released from a
  263         mitigation bank for certain purposes; authorizing a
  264         permit applicant to receive a one-time use of certain
  265         credits in certain circumstances; providing
  266         requirements for a permit applicant if the number of
  267         released credits within a mitigation service area only
  268         partially offsets certain impacts; requiring the
  269         department and water management districts to apply a
  270         proximity factor in a specified manner to make a
  271         certain determination; specifying multipliers for such
  272         proximity factor; specifying that the use of certain
  273         multipliers meets certain requirements; requiring the
  274         department or water management district to contact
  275         certain mitigation banks and request a certain
  276         accounting within a specified timeframe after
  277         receiving a certain request from the applicant;
  278         prohibiting such accounting from including certain
  279         credits; providing that mitigation banks contacted by
  280         the department or water management district are
  281         allowed a specified timeframe to reply to such
  282         request; requiring the department or water management
  283         district to notify the permit applicant of certain
  284         information if the department or water management
  285         district is notified that out-of-kind credits are
  286         available to offset the proposed impact and the
  287         department or water management district makes a
  288         certain determination; providing a presumption if a
  289         mitigation bank