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2014 SESSION
14102463DBe it enacted by the General Assembly of Virginia:
1. That § 62.1-44.15:23 of the Code of Virginia is amended and reenacted as follows:
§ 62.1-44.15:23. Wetland and stream mitigation banks.
A. When a Virginia Water Protection Permit is conditioned upon
compensatory mitigation for adverse impacts to wetlands or streams, the
applicant may be permitted to satisfy all or part of such mitigation
requirements by the purchase or use of credits from any wetland or stream
mitigation bank in the Commonwealth, or in Maryland on property wholly
surrounded by and located in the Potomac River if the mitigation banking
instrument provides that the Board shall have the right to enter and inspect
the property and that the mitigation bank instrument and the contract for the
purchase or use of such credits may be enforced in the courts of the
Commonwealth, including any banks owned by the permit applicant, that has been
approved and is operating in accordance with applicable federal and state
guidance, laws, or regulations for the establishment, use, and operation of
mitigation banks as long as: (1) the bank is in the same fourth order subbasin,
as defined by the hydrologic unit boundaries of the National Watershed Boundary
Dataset or by the hydrologic
unit system or dataset utilized and depicted or described in the bank's
mitigation banking instrument, as the impacted site, or in
an adjacent subbasin within the same river watershed as the impacted site, or
it meets all the conditions found in clauses (i) through (iv) and either clause
(v) or (vi) of this subsection; (2) the bank is ecologically preferable to
practicable onsite and offsite individual mitigation options as defined by
federal wetland regulations; and (3) the banking instrument, if approved after
July 1, 1996, has been approved by a process that included public review and
comment. When the bank is not located in the same subbasin or adjacent subbasin
within the same river watershed as the impacted site, the purchase or use of
credits shall not be allowed unless the applicant demonstrates to the
satisfaction of the Department of Environmental Quality that (i) the impacts
will occur as a result of a Virginia Department of Transportation linear
project or as the result of a locality project for a locality whose
jurisdiction encompasses multiple river watersheds; (ii) there is no practical
same river watershed mitigation alternative; (iii) the impacts are less than
one acre in a single and complete project within a subbasin; (iv) there is no
significant harm to water quality or fish and wildlife resources within the
river watershed of the impacted site; and either (v) impacts within the
Chesapeake Bay watershed are mitigated within the Chesapeake Bay watershed as
close as possible to the impacted site or (vi) impacts within subbasins
02080108, 02080208, and 03010205, as defined by the National Watershed Boundary
Dataset, are mitigated in-kind within those subbasins, as close as possible to
the impacted site. For
the purposes of this subsection, the hydrologic unit boundaries of the National
Watershed Boundary Dataset or other hydrologic unit system may be adjusted to
reflect site-specific geographic or hydrologic information provided by the bank
sponsor.
For the purposes of this section, "river watershed" means the Potomac River Basin, Shenandoah River Basin, James River Basin, Rappahannock River Basin, Roanoke and Yadkin Rivers Basin, Chowan River Basin (including the Dismal Swamp and Albemarle Sound), Tennessee River Basin/Big Sandy River Basin Complex, Chesapeake Bay and its Small Coastal Basins, Atlantic Ocean, York River Basin, and the New River Basin.
B. The Department of Environmental Quality is authorized to serve as a signatory to agreements governing the operation of mitigation banks. The Commonwealth, its officials, agencies, and employees shall not be liable for any action taken under any agreement developed pursuant to such authority.
C. State agencies and localities are authorized to purchase credits from mitigation banks.
D. A locality may establish, operate and sponsor wetland or stream single-user mitigation banks within the Commonwealth that have been approved and are operated in accordance with the requirements of subsection A, provided that such single-user banks may only be considered for compensatory mitigation for the sponsoring locality's municipal, joint municipal or governmental projects. For the purposes of this subsection, the term "sponsoring locality's municipal, joint municipal or governmental projects" means projects for which the locality is the named permittee, and for which there shall be no third-party leasing, sale, granting, transfer, or use of the projects or credits. Localities may enter into agreements with private third parties to facilitate the creation of privately sponsored wetland and stream mitigation banks having service areas developed through the procedures of subsection A.