Menu
2024 Session

Budget Amendments - HB30 (Floor Approved)

View Budget Item
View Budget Item amendments

Mitigation Trading Platform and Wetland In-Lieu Fee Mitigation Program

Item 363 #2h

Item 363 #2h

First Year - FY2025 Second Year - FY2026
Natural and Historic Resources
Department of Environmental Quality FY2025 $750,000 FY2026 $500,000 GF
FY2025 2.00 FY2026 3.00 FTE

Language
Page 420, line 19, strike "$60,852,618" and insert "$61,602,618".
Page 420, line 19, strike "$60,852,618" and insert "$61,352,618".

Page 421, after line 54, insert:

"L. Out of the amounts in this item, $750,000 the first year and $500,000 the second year to establish a mitigation trading platform and wetland in-lieu fee mitigation program consistent with the provisions of § 62.1-44.15:32.1, Code of Virginia."



Explanation

(This amendment provides $750,000 the first year and $500,000 the second year from the general fund and three positions to establish a mitigation trading platform and wetland in-lieu fee mitigation program.)