CA AB2805

Authorizes federally recognized tribes, in addition to public agencies and the Department of Fish and Wildlife, to propose regional conservation investment strategies for voluntary conservation actions and habitat enhancement that advance focal species conservation.

Eliminates the requirement that the department approve regional conservation investment strategies only upon request from state agencies and removes the 8-strategy approval cap.

Requires approved regional conservation investment strategies to include adaptive management and monitoring plans, and processes for tracking and evaluating conservation actions to achieve biological goals and objectives.

Establishes the Fish and Wildlife Regional Conservation Investment Strategy Program Fund and authorizes the department to collect fees from tribes, public agencies, and persons/entities proposing strategies, assessments, or mitigation credit agreements to cover departmental costs.

Allows mitigation credits created under approved mitigation credit agreements to be used, sold, or transferred regardless of the duration or expiration of the regional conservation strategy that established them, and authorizes combining mitigation agreements with other instruments for compensatory mitigation purposes.