Bill
Bill > SB1204
OR SB1204
Relating to the creation of credits for the restoration of salmon habitat; prescribing an effective date.
summary
Introduced
04/07/2025
04/07/2025
In Committee
04/07/2025
04/07/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: This Act tells the DSL to make a pilot program for owners of land to restore salmon habitat. (Flesch Readability Score: 71.0). Directs the Department of State Lands, in consultation with the State Department of Fish and Wildlife, to develop a salmon credit pilot program to encourage the voluntary restoration of salmonid habitat in the Coquille and Coos watershed basins. Establishes the Salmon Credit Trust Fund. Directs the Department of State Lands and the State Department of Fish and Wildlife to consult with the United States Army Corps of Engineers to seek federal authorization for a bank instrument and activities that occur in navigable waters of the United States. Becomes operative on the date that the federal authorization and bank instrument are approved. Provides that the Department of State Lands may not approve a salmon credit project on or after January 2 of the sixth year following the federal authorization. Takes effect on the 91st day following adjournment sine die.
AI Summary
This bill establishes a salmon credit pilot program in Oregon's Coquille and Coos watershed basins to incentivize and financially reward landowners for restoring salmon habitat. The Department of State Lands, in consultation with the State Department of Fish and Wildlife, will develop a program that allows agricultural and forestland owners (called "credit generators") to create salmon habitat restoration projects and earn credits. These credits can be purchased by other parties to meet environmental mitigation requirements. Credit generators can earn a "salmon credit dividend" based on the number of credits generated from their project, with the price set at double the project's average cost. The program includes provisions for project approval, certification, inspection, and ongoing maintenance, with credits limited to use within the specified watershed basins. A Salmon Credit Trust Fund will be established to manage the financial aspects of the program, and the Department of State Lands will work with federal agencies like the Army Corps of Engineers to obtain necessary authorizations. The pilot program will be time-limited, with project approvals ceasing six years after federal authorization, and it is designed to encourage voluntary habitat restoration while providing economic incentives for landowners to participate in salmon conservation efforts.
Committee Categories
Agriculture and Natural Resources
Sponsors (12)
Dick Anderson (R)*,
Fred Girod (R)*,
David Smith (R)*,
Court Boice (R),
Darcey Edwards (R),
David Gomberg (D),
Annessa Hartman (D),
Cyrus Javadi (R),
Todd Nash (R),
Virgle Osborne (R),
Suzanne Weber (R),
Boomer Wright (R),
Last Action
Referred to Natural Resources and Wildfire. (on 04/07/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB1204 |
| Open Government Impact Statement for SB1204 INTRO | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/89415 |
| BillText | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/SB1204/Introduced |
Loading...