SF 1647

as introduced - 90th Legislature (2017 - 2018) Posted on 05/31/2018 02:11pm

A bill for an act
relating to clean water; appropriating money for water-quality credit trading
program for storm water.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin APPROPRIATION; WATER-QUALITY CREDIT TRADING PROGRAM
FOR STORM WATER.
new text end

new text begin $300,000 in fiscal year 2018 is appropriated from the clean water fund to the
commissioner of the Pollution Control Agency to enter into a grant agreement with the Shell
Rock River Watershed District for a pilot project to develop and implement a model for a
water-quality credit trading program for storm water. The model must include identifying
and quantifying projects in the Shell Rock River watershed completed on or after July 1,
2013, and identifying additional credit generators such as landowners, livestock farmers,
in-lake water management practices, and stream restoration projects. The program must
include credit-estimation methodologies and required trade ratios, credit demand calculation
procedures, implementation recommendations, and a transferable credit trading infrastructure.
The commissioner must convene a stakeholder group to guide the project. By July 1, 2019,
the commissioner must provide a final report to the chairs and ranking minority members
of the legislative committees with jurisdiction over environment and natural resources policy
and finance and the clean water fund.
new text end