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Mitigation Facilitation Act of 2015

Introduced: June 25, 2015 Introduced by: Murkowski, Lisa Republican · Alaska See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2015
Read twice and referred to the Committee on Environment and Public Works.
Jun 25, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now June 25, 2015

Read twice and referred to the Committee on Environment and Public Works.

 Committees of jurisdiction 1