Section 3, chapter 2022-215, Laws of Florida, directed the Department of Environmental Protection to adopt and modify rules adopted pursuant to ss. 373.4136 and 373.414, Florida Statutes, to ensure that required financial ....

 

DEPARTMENT OF ENVIRONMENTAL PROTECTION

RULE NO.: RULE TITLE:

62-342.700Financial Responsibility

PURPOSE AND EFFECT: Section 3, chapter 2022-215, Laws of Florida, directed the Department of Environmental Protection to adopt and modify rules adopted pursuant to ss. 373.4136 and 373.414, Florida Statutes, to ensure that required financial assurances are equivalent and sufficient to provide for the long-term management of mitigation permitted under ss. 373.4136 and 373.414, Florida Statutes.

SUBJECT AREA TO BE ADDRESSED: Financial assurance is a required component in the establishment and operation of a mitigation bank pursuant to s. 373.4136, Florida Statutes. This rule development is intended to clarify and update the current requirements.

RULEMAKING AUTHORITY: Chapter 2022-215, section 3, Laws of Florida; sections 373.4131, 373.4135(1), 373.4136(11), 373.414, F.S.

LAW IMPLEMENTED: Sections 373.4131, 373.4135, 373.4136, 403.0877, F.S.

ONE OR MORE RULE DEVELOPMENT WORKSHOPS WILL BE NOTICED IN THE FLORIDA ADMINISTRATIVE REGISTER AT LEAST 14 DAYS IN ADVANCE ONCE THE DATE FOR THE RULE DEVELOPMENT WORKSHOP HAS BEEN DETERMINED.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Donna Kendall, Division of Water Resource Management, MS #2500, 2600 Blair Stone Road, Tallahassee, FL 32399, or by email at [e-mail].

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE