Bill > H2152

This bill establishes a cranberry wetland mitigation banking program within the Executive Office of Energy and Environmental Affairs. The program aims to facilitate off-site mitigation of public or private projects subject to the Wetlands Protection Act, which requires projects to avoid, minimize, and mitigate impacts on wetlands. The bill defines key terms like "credit," which represents the increase in ecological value of the mitigation site, and "Pilot Cranberry Wetlands Bank," which will be a public-private partnership to assess the effectiveness of wetland banking as a regulatory tool. The bill outlines the process for selecting a contractor to design, approve, create, own, manage, and monitor the mitigation bank, and requires the Executive Office to file annual reports on the bank's operations and effectiveness for five years.

Agriculture and Natural Resources

https://malegislature.gov/Bills/190/H2152