KY HB535 | 2021 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 22 2021 - 25% progression, died in committee
Action: 2021-03-01 - recommitted to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Create new sections of KRS chapter 150 to define "compensatory mitigation," "compensatory mitigation project," "compensatory mitigation site," "DA permit," "mitigation credit," " in-lieu fee program," "in-lieu fee program instrument," "mitigation bank," "mitigation credit," "service area," and "mitigation liability"; re-establish the Kentucky Wetland and Stream Mitigation Fund in a newly created section; require funds representing an unsatisfied liability under the 2008 Mitigation Rule issued by the Department of Army to be put out for contract under KRS Chapter 45A; require the Department of Fish and Wildlife Resources to make a report to the LRC that describes the in-lieu fee program and unsatisfied liabilities in service areas by December 1 of each year; allow the state to hold a permanent easement in lands acquired by it or proposed to it by a mitigation bank; require entities to have financial surety; amend KRS 150.255 to specify how governmental and nongovernmental agencies satisfy compensatory mitigation; stipulate that when the unsatisfied mitigation liability reaches 2 million dollars the in-lieu fee program shall purchase credits or issue an RFP for a commodity purchase; specify the procurement for full-delivery and the actions for mitigation on the site under the full-delivery approach; allow for compensatory mitigation to be a capitol construction project with the Commonwealth holding a conservation easement or some other environmental covenant or restriction; identify requirements for responsive bidders; APPROPRIATION.

Tracking Information

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Title

AN ACT relating to stream and wetland mitigation and making an appropriation therefor.

Sponsors


History

DateChamberAction
2021-03-01Houserecommitted to Appropriations & Revenue (H)
2021-02-26House2nd reading, to Rules
2021-02-25Housereported favorably, 1st reading, to Calendar
2021-02-23Houseposted in committee
2021-02-23Houseto Natural Resources & Energy (H)
2021-02-22Houseto Committee on Committees (H)
2021-02-22Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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