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MN SF3956

Bill

Status

Introduced

3/4/2020

Primary Sponsor

Charles Wiger

Click for details

Origin

Senate

91st Legislature 2019-2020

AI Summary

  • Appropriates unspecified funds in fiscal year 2021 from the general fund to the Pollution Control Agency to establish a third-party broker system for water quality trading

  • Authorizes a third party to broker trades between pollutant discharge permittees and other participants in pollutant offsets under Minnesota Statutes, section 115.03, subdivision 10

  • Requires the commissioner, in consultation with the University of Minnesota, to review existing water quality trading arrangements in other states and design and implement the program

  • Mandates the commissioner submit a report by January 15, 2021 to legislative committees with jurisdiction over environment and natural resources policy and finance detailing program implementation status and recommendations for necessary statutory changes

  • Designates the appropriation as a one-time funding allocation

Legislative Description

Water quality trading third-party broker system establishment appropriation

Last Action

Referred to Environment and Natural Resources Finance

3/4/2020

Committee Referrals

Environment and Natural Resources Finance3/4/2020

Full Bill Text

No bill text available