S. 1700 · 114th Congress
Mitigation Facilitation Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
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…
What it does: CRS summary · Introduced in Senate · Jun 25, 2015
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Mitigation Facilitation Act of 2015
Latest action (Jun 25, 2015): Read twice and referred to the Committee on Environment and Public Works.
Policy area: Environmental Protection · Origin: Senate · Introduced: Jun 25, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.