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MN SF3956
Bill
Status
3/4/2020
Primary Sponsor
Charles Wiger
Click for details
AI Summary
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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
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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
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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
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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
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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