Bill Summary

HB 1175 Mitigation Banks (2025 Session)
Mitigation Banks: Revises provisions for release & use of mitigation bank credits; provides conditions for use of out-of-service-area mitigation credits by project applicants; provides methodology for determining award of such credits; requires mitigation banks to submit specified annual reports 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 & specifies that land may be used for development consistent with certain zoning. Effective Date: July 1, 2025
02/26/25
HOUSE 
Filed
03/05/25
HOUSE 
Referred to Natural Resources & Disasters Subcommittee; Agriculture & Natural Resources Budget Subcommittee; State Affairs Committee
03/05/25
HOUSE 
Now in Natural Resources & Disasters Subcommittee
03/14/25
HOUSE 
On Committee agenda - Natural Resources & Disasters Subcommittee, 03/18/25, 9:00 am, 404 H
03/18/25
HOUSE 
Favorable with CS by Natural Resources & Disasters Subcommittee; 12 Yeas, 3 Nays
03/20/25
HOUSE 
Committee Substitute Text (C1) Filed
03/21/25
HOUSE 
Reference to Agriculture & Natural Resources Budget Subcommittee removed; Remaining reference: State Affairs Committee
03/21/25
HOUSE 
Now in State Affairs Committee
03/31/25
HOUSE 
On Committee agenda - State Affairs Committee, 04/02/25, 4:00 pm, 17 H
1175
Filed on 02/26/25
PDF
Amendment 518335
Filed on 03/17/25
Adopted
1175C1
Filed on 03/20/25
PDF
No amendments to this bill text filed.
373.4136
704.06
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