HB 1175 Florida House · 2025 Regular Session

Mitigation Banks

Summary

Mitigation Banks; Revises provisions for release & use of mitigation bank credits; provides conditions for use of out-of-service-area mitigation credits; provides methodology for determining award of such credits; authorizes alternative release schedules; requires mitigation banks to submit specified accountings to DEP or WMD; requires DEP or WMD to submit specified annual reports to Legislature; requires certain WMDs, upon application by owner of parcel subject to conservation easement, to release conservation easement if specified conditions are met, including obtaining sufficient mitigation credits from mitigation bank; provides for valuation of property upon such release & authorizes such land to be used for development consistent with certain zoning.

Issues: ✓ Environment

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 26, 2025 Last action Apr 30, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

H 1175 c1 → H 1175 c2 · 3 edits

MINOR

The bill version was updated from CS/HB 1175 to CS/CS/HB 1175, indicating a second committee amendment. Key substantive changes include adding a new subsection (e) that allows permit applicants to propose alternative credit release schedules, modifying the terminology from 'recording' to 'recordation' and 'preservation-only bank' to 'preservation-only assessment area', and reorganizing the credit release schedule structure by adding subsection (b) and renumbering subsequent subsections.

Scope change

The bill's scope remains focused on mitigation bank operations and credit release schedules, but the flexibility for applicants to propose alternative release schedules expands how credits can be managed.

REQUIREMENT

Added a new provision allowing permit applicants to propose alternative credit release schedules, giving more flexibility in how mitigation credits are released over time.

Restructured the credit release schedule by adding subsection (b) and renumbering subsequent subsections, clarifying the timing for releasing 30% of credits after initial construction activities.

DEFINITION

Changed terminology from 'preservation-only bank' to 'preservation-only assessment area' and from 'recording' to 'recordation' for legal consistency.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 7, 2025

Committee

Bill referred to House Calendar

lower

Apr 3, 2025

Lower · Passed

Reported out of State Affairs Committee

lower

Apr 2, 2025

Lower · Passed

Favorable with CS by State Affairs Committee

lower

Mar 31, 2025

Lower · Passed

Added to State Affairs Committee agenda

lower

Mar 21, 2025

Lower · Passed

Now in State Affairs Committee

lower

Mar 21, 2025

Committee

Referred to State Affairs Committee

lower

Mar 20, 2025

Lower · Passed

Reported out of Natural Resources & Disasters Subcommittee

lower

Mar 18, 2025

Lower · Passed

Favorable with CS by Natural Resources & Disasters Subcommittee

lower

Mar 14, 2025

Lower · Passed

Added to Natural Resources & Disasters Subcommittee agenda

lower

Mar 5, 2025

Lower · Passed

Now in Natural Resources & Disasters Subcommittee

lower

Mar 5, 2025

Committee

Referred to State Affairs Committee

lower

Mar 5, 2025

Committee

Referred to Agriculture & Natural Resources Budget Subcommittee

lower

Mar 5, 2025

Committee

Referred to Natural Resources & Disasters Subcommittee

lower

1 primary · 1 co-sponsor