Mitigation Facilitation Act of 2015

Summary

Mitigation Facilitation Act of 2015 This bill requires the U.S. Army Corps of Engineers to establish a mitigation loan and loan guarantee program to enable political subdivisions of states to: (1) purchase credits from mitigation banks or in-lieu fee programs, or (2) acquire interests in property that are acquired pursuant to a mitigation project required by the Corps of Engineers under a Clean Water Act permit to discharge dredged or fill material into waters of the United States. Mitigation banks and in-lieu fee programs are designed to compensate for lost functions of waters of the United States resulting from activities under those permits. The authority provided by the bill expires in 10 years.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 25 June 2015

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 25 June 2015

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• Introduced in Senate

  summary · EN · 25 June 2015

  Open at official source

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