RELATING TO SHORELINE MANAGEMENT AREAS.

Increased the valuation threshold for special management area minor permits from $500,000 to $750,000

Added requirement for inflation adjustments to permit valuation thresholds every five years

Updated definitions of special management area minor permit and use permit to reflect new valuation thresholds

Added metadata and formatting information from bill tracking system

Increased the monetary threshold for special management area permits from $500,000 to $750,000 with five-year inflation adjustments

Updated definitions of 'special management area minor permit' and 'special management area use permit' to reflect new thresholds and criteria

Clarified that single-family residences under 3,500 square feet qualify for minor permits regardless of development valuation

Maintained the effective date of July 1, 3000 for the Act's implementation

Increased the valuation threshold for special management area minor permits from $500,000 to $750,000, with both thresholds now subject to five-year inflation adjustments.

Added an exemption allowing single-family residences under 3,500 square feet that are not part of larger developments to qualify for minor permits regardless of development valuation.

Redefined 'special management area use permit' to include actions with substantial adverse environmental or ecological effects, whereas the previous version excluded such actions from this permit category.

Changed the effective date from immediate approval upon passage to July 1, 3000, which appears to be an error requiring legislative correction.

Development valuation threshold for minor permits is now $750,000 for non-shoreline developments and $500,000 for shoreline developments, replacing the previous single threshold.

Definitions of special management area minor permit and use permit were updated to reflect new valuation thresholds and clarify when substantial adverse effects apply.

Inflation adjustment schedule changed from annual adjustments to adjustments occurring every five years starting from the effective date.

Permit requirements now depend on whether development is situated on shoreline parcels or areas impacted by waves, storm surges, high tide, or shoreline erosion.