Marine Resources Commission; encroachment on subaqueous beds, permitting requirements.

Increased the maximum project value for streamlined permitting from $500,000 to $1,000,000

Added requirement that the project value threshold be updated every five years using the Consumer Price Index, beginning July 1, 2028

Removed specific language about how the Commissioner will calculate and publish CPI adjustments, simplifying the administrative process

Converted document from Engrossed format to Enrolled format with standard legislative numbering and formatting conventions

Increased the maximum project value threshold for streamlined permits from $500,000 to $1,000,000

Added language allowing the Commissioner to adjust the dollar threshold every three years starting July 1, 2028, based on Consumer Price Index changes

Added formatting markers and session information to indicate the bill has been amended and engrossed by the Senate

Added bracketed text indicating Senate amendments were made to the bill text