The rule will establish the procedures for water quality credit trading, including the process to determine how credits are generated, quantified, and validated; the process for tracking credits, trades, and prices paid; limitations on the use of ...

DEPARTMENT OF ENVIRONMENTAL PROTECTION

RULE NO: RULE TITLE
62-306.100: Scope and Intent
62-306.200: Definitions
62-306.300: General Requirements
62-306.310: Prohibitions and Restrictions
62-306.320: Eligibility for Registration of Credits
62-306.400: Waters and Pollutants Subject to Trading
62-306.500: Credit Generation and Validation
62-306.600: Use of Credits and Credit Tracking
62-306.700: Compliance with Trade Provisions
62-306.800: Program Evaluation
62-306.900: Forms
PURPOSE AND EFFECT: The rule will establish the procedures for water quality credit trading, including the process to determine how credits are generated, quantified, and validated; the process for tracking credits, trades, and prices paid; limitations on the use of credits, including eligible pollutants, minimum water quality requirements, and any adjustments for uncertainty or location; the timing, duration, and transfer of credits; and the mechanisms for determining compliance with trade provisions.
SUBJECT AREA TO BE ADDRESSED: Water Quality Credit Trading provides entities the option of meeting their required pollutant load reductions under a Total Maximum Daily Load (TMDL) in a more effective, cost efficient manner by purchasing credits from other sources that have reduced their load by more than required under the TMDL.
SPECIFIC AUTHORITY: 403.061, 403.067 FS.
LAW IMPLEMENTED: 403.062, 403.067 FS.
A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
DATE AND TIME: November 21, 2008, 9:00 a.m.
PLACE: Florida Department of Environmental Protection, 2600 Blair Stone Road, Room 609, Tallahassee, Florida

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Ms. Renee Gray at [phone]. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Renee Gray, Bureau of Assessment and Restoration Support, 2600 Blair Stone Road, Mail Station 3560, Tallahassee, FL 32399-2400, Telephone [phone]

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.